|
|
Soft currency |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Soft currencyA money of a country that is expected to drop in value relative to other currencies.Soft currency Similar MatchesCurrency swingsCurrency swingsThese affect foreign currency mortgages. In pound sterling terms, the value of the capital outstanding on your mortgage can rise or fall dramatically if there is movement in the value of either the currency of the loan or UK pounds sterling. If the value of the pound increases, you should benefit from lower repayments, as the value of the foreign currency you have borrowed decreases. Less sterling is required to buy the same amount of foreign currency necessary to meet the repayments and vice versa. Currency futures contractCurrency futures contractContract specifying a standard volume of a particular currency to be exchanged on a specific settlement date. Hard currencyHard currencyA currency which is generally accepted throughout the world and which is unlikely to devalue. Examples are the deutschmark, dollar and Swiss franc. Currency revaluationCurrency revaluationA deliberate upward adjustment in the official exchange rate established, or pegged, by government against a specified standard, such as another currency or gold. Artificial currencyArtificial currencyA currency substitute, e.g., special drawing rights (SDRs). Further SuggestionsCurrency riskHard currency Under-valued currency Eurocurrency Asian Currency Units (ACU) Currency Currency hedge Currency put option Currency crisis Currency appreciation currency Moscow Interbank Currency Exchange (MICEX) Currency area Currency swap Over-valued currency Net currency exposure Currency depreciation European Currency Unit Currency arbitrage Eurocurrency market Reserve currency Currency risk Currency basket Vehicle currency Currency Board |
|
|
|