currency effect

currency effect UK US noun [C]
an increase or decrease in the value of a foreign investment or of something bought or sold in a foreign country caused by a change in the exchange rate (= the rate at which the currency of one country can be changed for the currency of another country): »

Sales would have increased 6% this quarter but for currency effects.


Financial and business terms. 2012.

Look at other dictionaries:

  • effect — ▪ I. effect ef‧fect 1 [ɪˈfekt] noun 1. [countable, uncountable] the way in which an action, event, or person changes someone or something: • Inflation is having a disastrous effect on the economy. demonˈstration efˌfect [singular] …   Financial and business terms

  • Currency intervention — is the buying or selling of currency by central banks in an attempt to manipulate the price of a particular currency. Contents 1 Japanese Yen 2 Chinese Yuan 3 United States and the Great Depression …   Wikipedia

  • Currency war — Brazilian Finance Minister Guido Mantega, who made headlines when he raised the alarm about a Currency War in September 2010. In July 20 …   Wikipedia

  • Currency War of 2009–2011 — The Currency War of 2009–2011 is an episode of Competitive devaluation which became prominent in September 2009. Competitive devaluation involves states competing with each other to achieve a relatively low valuation for their own currency, so as …   Wikipedia

  • Currency —    The former Italian unit of currency was the lira (lire in the plural form). Its origins lie in the monetary reforms of Charlemagne, undertaken between 793 and 794. Twenty soldior 240 denari constituted a lira. By the 13th century, there were… …   Historical Dictionary of modern Italy

  • Currency of Uruguay — This is an outline of Uruguay s monetary history. For the present currency of Uruguay, see Uruguayan peso. Contents 1 Pre independence currency 2 1828–1854 Peso 2.1 History 2.2 Paper …   Wikipedia

  • Currency future — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… …   Wikipedia

  • Currency of Colombia — Contents 1 Spanish colonial coinage 1.1 1622–1756 Cob coinage (macuquina) 1.2 1756–1822 Milled coinage 1.3 1813–1820 Necessity coinage …   Wikipedia

  • Currency Board — Entity charged with maintaining the value of a local currency with respect to some other specified currency. Bloomberg Financial Dictionary * * *    A strict exchange rate system in which a country pegs its currency firmly to another, such as the …   Financial and business terms

  • Currency 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… …   Investment dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.