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FrançaisThe circulating media of exchange in a country. Includes money and such financial instruments as checks.
Read MoreCurrency future
A contract for the future delivery of a commodity, currency, or security on a specific date. In contrast to forward contracts, future contracts are for standard quantities and for standard periods and are primarily traded on an exchange. Forward transactions…
Read MoreCurrency option
The contractually agreed right to buy (call option) or to sell (put option) a specific amount of foreign currency at a predetermined price on a specific date (European option) or up to a future date (American option).
Read MoreCurrent account
The part of a country´s balance of payments that records current (as opposed to capital) transactions, including visible trade (income and expenditures for services), profits earned from foreign operations, interests and transfer payments. See balance of payments.
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