Foreign Exchange Exchange Rates Currency band Exchange rate Exchange rate regime Fixed exchange rate Floating exchange rate Linked exchange rate Markets Foreign exchange market Futures exchange Products Currency Currency future Non-deliverable forward Forex swap Currency swap Foreign exchange option See also Bureau de change In finance, the exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. For example an exchange rate of the dollar is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a premium. UIRP showed no proof of working after 1990s. Contrary to the theory, currencies with high interest rates characteristically appreciated rather than depreciated on the reward of the containment

CONMED Corporation Provides Business Update (Marketwire via Yahoo! Finance)

CONMED Corporation announced today that its fourth quarter 2008 sales will be approximately 9% lower than previously anticipated due to unfavorable foreign currency exchange fluctuations and lower than anticipated sales volumes for capital equipment.

Hooray for hip Toronto (Tacoma News Tribune)

With the U.S. dollar surging against Canadian currency, a vacation north of the border is suddenly affordable again. In late December, the currency exchange rate was $1.22 (Canadian) to the $1 (U.S.). In addition to being a good deal, Americans headed to Toronto might also find Canada’s largest city refreshingly hip, diverse and utterly cosmopolitan. Here are some tips to help you explore the ...

Cops Shoot Man In High-Speed Chase In Central Ill. (CBS 2 Chicago)

Police say a man suspected of robbing four banks has been shot after leading officers on a high-speed chase around Normal in central Illinois.

FEI expects 4Q gross bookings of more than $170M (AP via Yahoo! Finance)

FEI Co., which supplies equipment used in imaging, analysis and prototyping, said Monday it expects fourth-quarter gross bookings of more than $170 million.

Suspect shot following police chase identified (The Pantagraph)

UPDATED 6 p.m. NORMAL -- Police from Normal and McLean County confronted and shot a man, suspected of robbing a Check n’ Go in Bloomington, following a high-speed chase on interstate highways around Normal Monday afternoon. | Photo gallery

Suspect shot following police chase identified, in hospital (The Pantagraph)

UPDATED 7:40 p.m. NORMAL -- Police from Normal and McLean County confronted and shot a man, suspected of robbing a Check n’ Go in Bloomington, following a high-speed chase on interstate highways around Normal Monday afternoon. | UPDATED Photo gallery

EU says euro adoption runs smoothly in Slovakia (People's Daily)

The European Commission said on Monday that the changeover to the euro in Slovakia is taking place smoothly. By the end of Saturday some 27 percent of payments in shops were made in euro and virtually all customers were getting their change in the single currency, according to the European Union (EU)'s executive arm. The changeover is progressing steadily with nearly half of citizens polled ...