EXCHANGE RATES

8. a rate when the value of a currency is allowed to change in relation to others; also variable rate
15. a currency used by all the members of an economic federation (e.g. the euro)
16. to fix the value of a currency against something else (another currency or a precious metal)
17. the currency of the home country of a particular user

1. fall in value in a market system
2. a rate that cannot change, whatever the pressures of supply and demand or in relation to others
3. the money used in countries other than one's own
4. the situation in which the cost of a given selection of goods and services would be the same in different countries
5. another term for an exchange rate, or for par value; a figure representing what a particular currency is worth in another currency at a particular time
6. reduction in value of a currency against other currencies in an otherwise fixed system
7. the increase in the value of a currency against other currencies in an otherwise fixed system
9. someone who deals in commodities, securities or currencies in the hope of making a profit on changes in market values
10. the price at which one currency can be exchanged for another one
11. agreements to buy something at a fixed price several months ahead
12. rise in value in a market system
13. to go up or down in quantity, price, value, etc.
14. a rise in the general level of prices, and increase in the money supply