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Currency board

Index Currency board

A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. [1]

67 relations: Antigua, Argentina, Argentine peso, Bahamian dollar, Bahamian pound, Bahraini dinar, Balance of payments, Bank reserves, Barbuda, Belarusian ruble, Bermudian dollar, Bosnia and Herzegovina convertible mark, British Overseas Territories, British West African pound, Brunei dollar, Bulgaria, Bulgarian lev, Cayman Islands dollar, Central bank, Convertibility plan, Currency basket, Currency substitution, Danish krone, Danmarks Nationalbank, Deutsche Mark, Djiboutian franc, Dominica, East African shilling, Eastern Caribbean dollar, Economy of Estonia, Estonia, Estonian kroon, Euro, Eurozone, Falkland Islands, Falkland Islands pound, Faroe Islands, Faroese króna, Fiat money, Fixed exchange-rate system, Foreign-exchange reserves, Gibraltar, Gibraltar pound, Grenada, Hard currency, Hong Kong, Hong Kong dollar, Hong Kong Monetary Authority, International status and usage of the euro, Irish pound, ..., Lender of last resort, Linked exchange rate system in Hong Kong, Lithuanian litas, Macanese pataca, Monetary authority, Monetary base, Monetary policy, Pound sterling, Reserve requirement, Saint Helena, Saint Helena pound, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Seigniorage, Singapore dollar, United States dollar. Expand index (17 more) »

Antigua

Antigua, also known as Waladli or Wadadli by the native population, is an island in the West Indies.

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Argentina

Argentina, officially the Argentine Republic (República Argentina), is a federal republic located mostly in the southern half of South America.

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Argentine peso

The peso (established as the peso convertible) is the currency of Argentina, identified by the symbol $ preceding the amount in the same way as many countries using dollar currencies.

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Bahamian dollar

The dollar (sign: $; code: BSD) has been the currency of The Bahamas since 1966.

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Bahamian pound

The Pound was the currency of the Bahamas until 1966.

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Bahraini dinar

The dinar (دينار) (sign:.د.ب or BD; code: BHD) is the currency of Bahrain.

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Balance of payments

The balance of payments, also known as balance of international payments and abbreviated B.O.P. or BoP, of a country is the record of all economic transactions between the residents of the country and of the world in a particular period (over a quarter of a year or more commonly over a year).

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Bank reserves

Bank reserves are a commercial banks' holdings of deposits in accounts with a central bank (for instance the European Central Bank or the applicable branch bank of the Federal Reserve System, in the latter case including federal funds), plus currency that is physically held in the bank's vault ("vault cash").

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Barbuda

Barbuda is a small island located in the eastern Caribbean forming part of the sovereign Commonwealth nation of Antigua and Barbuda.

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Belarusian ruble

The Belarusian ruble or rouble (рубель rubieĺ, plural: рублі rubli, genitive plural: рублёў rublioŭ) is the official currency of Belarus.

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Bermudian dollar

The Bermudian dollar (symbol: $; code: BMD; also abbreviated BD$; informally called the Bermuda dollar) is the official currency of the British Overseas Territory of Bermuda.

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Bosnia and Herzegovina convertible mark

The Bosnia and Herzegovina convertible mark (Bosnian, Croatian, Serbian: konvertibilna marka, Cyrillic: конвертибилна марка) is the currency of Bosnia and Herzegovina.

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British Overseas Territories

The British Overseas Territories (BOT) or United Kingdom Overseas Territories (UKOTs) are 14 territories under the jurisdiction and sovereignty of the United Kingdom.

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British West African pound

The British West African Pound was once the currency of British West Africa, a group of British colonies, protectorates and mandate territories.

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Brunei dollar

The Brunei dollar (Malay: ringgit Brunei, currency code: BND), has been the currency of the Sultanate of Brunei since 1967.

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Bulgaria

Bulgaria (България, tr.), officially the Republic of Bulgaria (Република България, tr.), is a country in southeastern Europe.

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Bulgarian lev

The lev (лев, plural: лева, левове / leva, levove) is the currency of Bulgaria.

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Cayman Islands dollar

The Cayman Islands Dollar (currency code KYD) is the currency of the Cayman Islands.

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Central bank

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.

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Convertibility plan

The Argentine Currency Board pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth.

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Currency basket

A currency basket is a portfolio of selected currencies with different weightings.

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Currency substitution

Currency substitution, dollarization, or elminting (from el-, meaning foreign) is the use of a foreign currency in parallel to or instead of the domestic currency.

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Danish krone

The krone (plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875.

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Danmarks Nationalbank

Danmarks Nationalbank (National Bank of Denmark; in Danish often simply Nationalbanken) is the central bank of the Kingdom of Denmark.

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Deutsche Mark

The Deutsche Mark ("German mark"), abbreviated "DM" or, was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002.

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Djiboutian franc

The Djiboutian franc (فرنك) is the currency of Djibouti.

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Dominica

Dominica (Island Carib), officially the Commonwealth of Dominica, is an island republic in the West Indies.

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East African shilling

The East African shilling was the currency issued for use in British controlled areas in East Africa from 1921 until 1969.

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Eastern Caribbean dollar

The Eastern Caribbean dollar (symbol: $; code: XCD) is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS).

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Economy of Estonia

Estonian economy is an advanced economy and a member of the European Union and of the eurozone.

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Estonia

Estonia (Eesti), officially the Republic of Estonia (Eesti Vabariik), is a sovereign state in Northern Europe.

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Estonian kroon

The kroon (sign: kr; code: EEK) was the official currency of Estonia for two periods in history: 1928–1940 and 1992–2011.

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Euro

The euro (sign: €; code: EUR) is the official currency of the European Union.

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Eurozone

No description.

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Falkland Islands

The Falkland Islands (Islas Malvinas) is an archipelago in the South Atlantic Ocean on the Patagonian Shelf.

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Falkland Islands pound

The Pound is the currency of the Falkland Islands, a British Overseas Territory in the South Atlantic Ocean.

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Faroe Islands

The Faroe Islands (Føroyar; Færøerne), sometimes called the Faeroe Islands, is an archipelago between the Norwegian Sea and the North Atlantic, about halfway between Norway and Iceland, north-northwest of Scotland.

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Faroese króna

The króna (plural: krónur; sign: kr) is the currency of the Faroe Islands.

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Fiat money

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation.

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Fixed exchange-rate system

A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime where a currency's value is fixed against either the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold.

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Foreign-exchange reserves

Foreign-exchange reserves (also called forex reserves or FX reserves) is money or other assets held by a central bank or other monetary authority so that it can pay if need be its liabilities, such as the currency issued by the central bank, as well as the various bank reserves deposited with the central bank by the government and other financial institutions.

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Gibraltar

Gibraltar is a British Overseas Territory located at the southern tip of the Iberian Peninsula.

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Gibraltar pound

The Gibraltar pound (currency sign: £; banking code: GIP) is the currency of Gibraltar.

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Grenada

Grenada is a sovereign state in the southeastern Caribbean Sea consisting of the island of Grenada and six smaller islands at the southern end of the Grenadines island chain.

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Hard currency

Hard currency, safe-haven currency or strong currency is any globally traded currency that serves as a reliable and stable store of value.

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Hong Kong

Hong Kong (Chinese: 香港), officially the Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory of China on the eastern side of the Pearl River estuary in East Asia.

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Hong Kong dollar

The Hong Kong dollar (sign: HK$; code: HKD) is the official currency of Hong Kong.

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Hong Kong Monetary Authority

The Hong Kong Monetary Authority (HKMA, or 金管局) is Hong Kong's currency board and de facto central bank.

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International status and usage of the euro

The international status and usage of the euro has grown since its launch in 1999.

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Irish pound

The Irish pound (punt Éireannach) was the currency of Ireland until 2002.

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Lender of last resort

A lender of last resort (LOLR) is the institution in a financial system that acts as the provider of liquidity to a financial institution which finds itself unable to obtain sufficient liquidity in the interbank lending market and other facilities or sources have been exhausted.

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Linked exchange rate system in Hong Kong

A linked exchange rate system is a type of exchange rate regime that pegs the exchange rate of one currency to another.

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Lithuanian litas

The Lithuanian litas (ISO currency code LTL, symbolized as Lt; plural litai (nominative) or litų (genitive)) was the currency of Lithuania, until 1 January 2015, when it was replaced by the euro.

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Macanese pataca

The Macau pataca or Macanese pataca (Pataca de Macau; sign: MOP$; code: MOP) is the currency of Macau.

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Monetary authority

In finance and economics, a monetary authority is the entity which controls the money supply of a given currency, often with the objective of controlling inflation or interest rates.

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Monetary base

In economics, the monetary base (also base money, money base, high-powered money, reserve money, outside money, central bank money or, in the UK, narrow money) in a country is defined as the portion of a commercial bank's reserves that consist of the commercial bank's accounts with its central bank plus the total currency circulating in the public, plus the currency, also known as vault cash, that is physically held in the bank's vault.

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Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

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Pound sterling

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha.

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Reserve requirement

The reserve requirement (or cash reserve ratio) is a central bank regulation employed by most, but not all, of the world's central banks, that sets the minimum amount of reserves that must be held by a commercial bank.

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Saint Helena

Saint Helena is a volcanic tropical island in the South Atlantic Ocean, east of Rio de Janeiro and 1,950 kilometres (1,210 mi) west of the Cunene River, which marks the border between Namibia and Angola in southwestern Africa.

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Saint Helena pound

The Saint Helena pound is the currency of the Atlantic islands of Saint Helena and Ascension, which are constituent parts of the British overseas territory of Saint Helena, Ascension and Tristan da Cunha.

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Saint Kitts and Nevis

Saint Kitts and Nevis, also known as the Federation of Saint Christopher and Nevis, is an island country in the West Indies.

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Saint Lucia

Saint Lucia (Sainte-Lucie) is a sovereign island country in the West Indies in the eastern Caribbean Sea on the boundary with the Atlantic Ocean.

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Saint Vincent and the Grenadines

Saint Vincent and the Grenadines is a sovereign state in the Lesser Antilles island arc, in the southern portion of the Windward Islands, which lies in the West Indies at the southern end of the eastern border of the Caribbean Sea where the latter meets the Atlantic Ocean.

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Seigniorage

Seigniorage, also spelled seignorage or seigneurage (from Old French seigneuriage "right of the lord (seigneur) to mint money"), is the difference between the value of money and the cost to produce and distribute it.

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Singapore dollar

The Singapore dollar (sign: S$; code: SGD) is the official currency of Singapore.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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Currency-board.

References

[1] https://en.wikipedia.org/wiki/Currency_board

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