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A currency, in the most specific sense is money in any form when in use or circulation as a medium of exchange, especially circulating banknotes and coins. A more general definition is that a currency is a system of money in common use, especially for people in a nation. Under this definition, U.S. dollars (US$), euros (€), Japanese yen (¥), and pounds sterling (£) are examples of currencies. These various currencies are recognized as stores of value and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are defined by governments, and each type has limited boundaries of acceptance.

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Organizations relating to Currency

Agreement Concerning the Collection of Bills, Drafts, 1957 / Est. 1957
Money Orders and Postal Travellers Cheques Agreement, 1979 / Est. 1979
Giro Agreement, 1979 / Est. 1979
Provisions for a Unit of Account and Adjustment of Limitations of Liability / Est. 1982
Convention for the Unification for the Law of Bills of Exchange and Cheques / Est. 1912
Convention for the Settlement of Certain Conflicts of Laws in Connection with Cheques / Est. 1931
Group of Eight
Inter-American Convention on Conflict of Laws Concerning Bills of Exchange, Promissory Notes and Invoices / Washington DC, USA / Est. 1975
Agreement Concerning Transfers to and from Postal Cheque Accounts, 1957 / Est. 1957
Single Global Currency Association / Newcastle ME, USA / Est. 2003
Protocol Amending the International Convention for the Unification of Certain Rules Relating to Bills of Lading / Est. 1979
EUROGIRO - Giro, Postbank, Commercial Bank Payment Institutions Organizations Worldwide / Copenhagen, Denmark / Est. 1990
West African Monetary Institute / Accra, Ghana / Est. 2000
United Nations Convention on International Bills of Exchange and International Promissory Notes / Vienna, Austria / Est. 1988
Zone franc / Paris, France / Est. 1939
Collection of Bills Agreement / Est. 1984
Convention Regarding Booklets of Travellers' Postal Vouchers in the Relations between Denmark, Finland, Iceland, Norway and Sweden / Est. 1937
Monetary Committee of the Franc Zone / Paris, France / Est. 1952
Agreement Concerning Postal Money Orders and Postal Travellers' Cheques, 1969 / Est. 1969
Agreement Concerning Giro Transfers / Est. 1969
Agreement for Dispensing with Bills of Health / Est. 1934
Agreement Concerning the Collection of Bills, Drafts, 1952 / Est. 1952
International Convention for the Unification of Certain Rules Relating to Bills of Lading / Est. 1924
Protocol to the General Treaty of Central American Economic Integration - Emergency Measures to Protect the Balance of Payments, 1968 / Est. 1968
Agreement between the Member States of the Council of Europe on the Issue to Military and Civilian War-disabled of an International Book of Vouchers for the Repair of Prosthetic and Orthopaedic Appliances / Strasbourg, France / Est. 1962

View all profiles (106 total) in the Yearbook of International Organizations

World Problems relating to Currency

From the Encyclopedia of World Problems and Human Potential

Dependence on social welfare
Unethical practices in forestry
Unethical practices in the public sector
Unmeaningful relationships to place
Unethical practices of government leaders
Unethical practices of philanthropic organizations
Evasion of social costs by companies
Denial of rights to wounded military personnel
Arrears in financial payments between government agencies
Conflicting laws concerning bills of exchange and promissory notes
Conflicting national laws governing cheques
Devaluation of money
Counterfeit money and government securities
Misappropriation of public funds
Unethical practices of public service employees
Underpayment of teachers
Student debt
Return of purchases
Failure of computer billing
Foreign currency manipulations in accounting records of transnational corporations
Foreign exchange reserve shortages
Unethical practices of national defence industries
Deterioration in external financial position of countries
Circumvention of duties and assessments
Profit-oriented interest payments

Action Strategies relating to Currency

From the Encyclopedia of World Problems and Human Potential

Developing own currency
Creating local currency systems
Taxing currency speculation

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