Archive for the ‘cureny’ Category

What is the currency exchange between a pound Sterling and the US dollar?

I am trying to figure out how much it will be in US dollars for 564 pounds Sterling. Please provide the very accurate answer. I tried the currency converter in Yahoo, but then got different answer from a bank. Thought that I can use the second, the third, and/or the fourth opinion. Thank you very [...]

How do you tell is a countries currency is pegged or free-floating? How can you just by looking at it?

I want to know how I am able to tell with only looking at a countries historical currency rates, if I can tell by this is a countries currency is free-floating or pegged to the dollar? How do I tell if I have past years currency in front of me? Thanks!

How to curtail the speculative global currency transactions?

Speculative funds sloshing around the world markets create an inherent instability while undermining the real economy and progressive policies at a national level. Currency speculators trade over 1800 billion US-$ each day across borders – about 90% of the currency trade is speculative! In the globalized economy, there is a lack of adequate funding for [...]