|
|
Hard currency |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Hard currencyA currency which is generally accepted throughout the world and which is unlikely to devalue. Examples are the deutschmark, dollar and Swiss franc.Hard currencyA freely convertible currency that is not expected to depreciate in value in the foreseeable future.Hard currency Similar MatchesReporting currencyReporting currencyThe currency in which the parent firm prepares its own financial statements; that is, US dollars for a US company. Currency BoardCurrency BoardEntity charged with maintaining the value of a local currency with respect to some other specified currency. Currency depreciationCurrency depreciationA decline in the value of one currency relative to another currency. Depreciation occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency. Currency arbitrageCurrency arbitrageTaking advantage of divergences in exchange rates in different money markets by buying a currency in one market and selling it in another market. Currency optionCurrency optionAn option to buy or sell a foreign currency. Further SuggestionsCurrency overvaluationReserve currency Foreign currency futures contract Eurocurrency Currency reallignment Currency Currency no longer issued Currency hedge currency conversion eurocurrency Over-valued currency Composite currency Base currency Eurocurrency market Currency appreciation Currency swap Currency union Soft currency Currency put option Currency diversification Intervention currency Multicurrency loans Currency call option Moscow Interbank Currency Exchange (MICEX) Net currency exposure |
|
|
|