World currencies

World currencies

Industry: Financial services

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World currencies

foreign exchange market

Financial services; World currencies

The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies.

polymer banknote

Financial services; World currencies

More commonly referred to as a 'plastic banknote'; the concept was first developed in Australia in the 1960s.Following the introduction of a new decimal currency, the Reserve Bank of Australia ...

China is transitioning from an export based economy to one that relies on more domestic consumption. Part of this transition will be RMB appreciation as higher domestic purchasing power of imported ...

Hong Kong dollar

Financial services; World currencies

The Hong Kong dollar is like the call option of currencies. It is pegged to a narrow band to the U.S. dollar, so downside risk is limited. However, if trade pressures and a weak dollar break the peg, ...

Korean Won

Financial services; World currencies

South Korea has become a manufacturing powerhouse. The quality of Korean goods such as Samsung Electronics, Hyundai and Posco meets and often exceeds Japanese competitors. In spite of a weak yen, ...

Malaysian Ringgit

Financial services; World currencies

Malaysia is the only developed nation since its independence in 1957 that has not defaulted or experienced a full year of inflation above 20%. The Malaysian central bank has an excellent track record ...

Norwegian krone

Financial services; World currencies

Norway has the most stable currency in Europe. With oil exports, a high standard of living, a 13% current account surplus, and a debt to GDP of just 28%, Norway is in excellent shape to maintain ...