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Learn about the origin, meaning and usage of the pound sign (£), the symbol for the British currency and other currencies. Find out how the pound sign differs from the number sign (#) and how it is encoded in Unicode and computers.
A reserve currency is a foreign currency that is held by central banks or other monetary authorities as part of their foreign exchange reserves. The US dollar is the dominant reserve currency in the world, followed by the euro, the Japanese yen and the pound sterling.
Learn what an exchange rate is and how it is determined by different factors, such as supply and demand, government policies, and market conditions. Compare and contrast various exchange rate regimes, such as floating, fixed, and hybrid, and their implications for currency values and trading.
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Learn about the history, features, and uses of the U.S. dollar, the official currency of the United States and several other countries. Find out how the dollar is linked to gold, pegged to other currencies, and used in international transactions.
This web page shows the data of foreign-exchange reserves held by different countries and monetary authorities, including gold, SDRs and IMF positions. The data is updated regularly and sorted by the date of the latest change.
Learn about the global decentralized market for trading currencies, its history, characteristics, and participants. Find out how foreign exchange rates are determined, how they affect international trade and investments, and how they are used for speculation and hedging.
Devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, usually to address economic problems. Learn about the historical usage, the balance of payments crisis, and the economic implications of devaluation.