What is Currency Hedging?

What is Currency Hedging?

Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Currency Hedging” In simple terms, currency hedging is the act of entering into a financial contract in order to protect against unexpected, expected or anticipated changes in currency exchange rates. Hedging can be likened to an…

Why Zimbabwe is killing its currency

35 quadrillion Zim dollars. That’s what one US dollar will cost you in Zimbabwe. The country has finally laid its worthless local currency to rest – giving Zimbabweans until September to make the switch to the American dollar. The move doesn’t come as a suprise to many as 90 per cent of the economy has…

Bitcoin Q&A: The Switzerland of currencies

Bitcoin Q&A: The Switzerland of currencies

[AUDIENCE] Theoretically, is it possible to have inflation within bitcoin or other cryptocurrencies? In that scenario, what would it look like? [ANDREAS] Bitcoin currently [has] a rate of inflation of about 5% [per year]. It used to be 12% [and higher]. It’s gone down over time. Every ten minutes [on average], new bitcoin were being…