foreign currency exchange
51Foreign exchange hedge — A way for companies to eliminate foreign exchange (FOREX) risk when dealing in foreign currencies. This can be done using either the cash flow or the fair value method. The accounting rules for this are addressed by both the International… …
52currency — money. Bloomberg Financial Dictionary The currency that the security is traded in. London Stock Exchange Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM …
53Foreign Exchange Dealers Coalition (FXDC) — The Foreign Exchange Dealers Coalition (FXDC) is an alliance of the largest U.S. foreign exchange market dealers. The FXDC partnership was formed in the fall of 2007 to pool together industry resources to demonstrate the viability of the forex… …
54Currency — Money. The New York Times Financial Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM FINANCE 1. [counta …
55Currency Substitution — The use of a foreign currency in transactions in place of the domestic currency. The foreign currency thus serves as a medium of exchange. Countries using flexible exchange rates can experience problems if there is a high rate of currency… …
56currency — noun 1 money used in a particular country ADJECTIVE ▪ domestic ▪ foreign ▪ They prefer to be paid in foreign currencies. ▪ common, global, international …
57Currency Board — A monetary authority that makes decisions about the valuation of a nation s currency, specifically whether to peg the exchange rate of the local currency to a foreign currency, an equal amount of which is held in reserves. The currency board then …
58Currency Pairs — Two currencies with exchange rates that are traded in the retail forex market. The rates of exchange between foreign currency pairs are calculated as the factor by which a base currency is multiplied to yield an equivalent value or purchasing… …
59Currency and Exchange Rates — Burma s independenceera currency is the kyat. Because of poor economic conditions during the Burma Socialist Programme Party era (1962 1988), the state enforced an official exchange rate of around K6 to one U.S. dollar to prevent its… …
60currency risk — Related: exchange rate risk The potential for a shift in exchange rates, which would be detrimental to a trader s position. Chicago Mercantile Exchange Glossary * * * currency risk currency risk ➔ risk1 * * * The potential for losses arising… …
