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Lernen beginnen

Frage		Antworten
exchange rate Lernen beginnen		the price at which one currency can be exchange for another.
depreciate Lernen beginnen		to lose in value
currency speculation Lernen beginnen		buiyng currency in the hope of making a profit.
appreciate Lernen beginnen		to gain in value
speculative Lernen beginnen		based on guess, not on information
fixed Lernen beginnen		something which stays the same and not vary.
pegged exchange rate Lernen beginnen		=fixed exchange rate
gold convertibility Lernen beginnen		the price at which we can buy for example a ounce of gold (now about 35$).
floating interest rate Lernen beginnen		interest rate which is depend on market forces.
market force Lernen beginnen		the level of supply and demand
common currency Lernen beginnen		a system of money shared by two or more countries.
intervene Lernen beginnen		to come between points of time or events
exchange market Lernen beginnen		place where traders buy or sell currencies.
reserves Lernen beginnen		to retain for future use
manage Lernen beginnen		be in charge of something
fixed interest rates Lernen beginnen		situation when interest rates are stable for long time.
fiat money Lernen beginnen		legal paper currency which can't be convert into coin.

Exchange rates