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Under-valued currency |
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Under-valued currencyThe situation of a currency whose value on the exchange market is lower than is believed to be sustainable. This may be due to a pegged or managed rate that is below the market-clearing rate, or, under a floating rate, it may be due to speculative capital outflows. Contrasts with over-valued 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 futureCurrency futureA financial future contract for the delivery of a specified foreign currency. Foreign currency forward contractForeign currency forward contractAgreement that obligates its parties to exchange given quantities of currencies at a prespecified exchange rate on a certain future date. Currency riskCurrency riskRelated: Exchange rate risk EurocurrencyEurocurrencySee Eurodollar. Further SuggestionsCurrency selectionhard currency Currency overvaluation Reserve currency Hard currency Currency in circulation Currency put option Currency factor Optimal currency area Moscow Interbank Currency Exchange (MICEX) Currency depreciation Currency hedge currency loan Virtual currency option Currency devaluation Strong Currency Currency basket Currency revaluation Vehicle currency Currency board eurocurrency Foreign currency option Base currency currency swap Currency arbitrage |
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