Easing
Modest decline in price.
Economic Indicator
A statistics which indicates current economic growth rates and trends such as retail sales and employment.
EDI
Electronic Data Interchange.
Effective Exchange Rate
An attempt to summarize the effects on a country's trade balance of its currency's changes against other currencies.
EFT
Electronic Fund Transfer.
EMS
European Monetary System.
ERM
Exchange Rate Mechanism.
Eurobond
Marketable debt security issued outside the country in whose currency the debt is denominated.
Eurodollar
A dollar deposit acquired by a person or bank not residing in the United States and held outside the United States and therefore not subject to US reserve restrictions.
European Currency Unit
The currency unit in the EMS, where the unit is defined by the sum of quantities of each of the national currencies of the members of the EMS, so the value of the ECU changes in terms of third currencies, such as e.g. the US dollar.
Exchange Control
Government regulations restricting or forbidding certain types of foreign currency transactions including purchases from abroad, payment abroad of interest or dividends, and investing abroad.
Exchange Rate Depreciation
Currency which loses in value against one or more other currencies, especially if this happens in response to natural supply rather than by an official devaluation.
Exchange Rate Risk
The potential loss that could be incurred from a movement in exchange rates.
Exotic
A less broadly traded currency.
Exposure
A financial risk facing a business, which can be categorized according to its cause or source. Currency exposures are exposures to exchange rate risk. |
