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Topic: Real (currency)


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In the News (Mon 30 Nov 09)

  
  Brazilian real - Wikipedia, the free encyclopedia
The real (pronounced hey-ahl) (plural réis) was the currency used by the first Portuguese settlers to arrive in the then New World, but the first official money to circulate bearing the name "real" was actually printed in 1654 by the Dutch, during their occupation of part of the Brazilian Northeast.
The real was affected by inflation during its long lifespan and the base currency unit shifted from one real to mil réis (one thousand réis) and to one conto de réis (one million réis) in the final years of the República Velha era.
The real (plural reais) was implemented on 1 July 1994, during the presidency of Itamar Franco, when Fernando Henrique Cardoso was the Minister of Finances, as part of a broader plan to stabilize the Brazilian economy, known as Plano Real, substituting the short-lived cruzeiro real.
en.wikipedia.org /wiki/Real_(currency)   (1536 words)

  
 Glossary
By placing Real Mortgages™ on improved real estate, which are themselves self-adjusting for inflation in a free and open marketplace; the inflationary adjustment of the improved real estate flows through the mortgages, through the securitized mortgage pool and finally to the holder of the Millennium Dollar™.
When a currency, or financial instrument, is indexed to inflation; then a date is chosen on which the real currency unit is said to equal the purchasing power of the government-issued currency unit.
The real par value refers to the purchasing power value of the Millennium Dollar™; or such other real financial instruments, that may be denominated in the real currency unit.
www.virtualmoney.com /glossary.html   (3987 words)

  
 SSgA - Currency Capability
Exposure to foreign currencies entails consideration of a host of issues and associated risks.
Which currencies to over- or underweight and the size of those positions is driven by the strength of pressures building or of trends identified.
The currency markets component of any international portfolio should be considered autonomously from the portfolio's underlying equities and bonds.
www.ssga.com /institutional/currency/capability.html   (752 words)

  
 Argentina's Pseudo Currency Crisis - Forbes.com   (Site not responding. Last check: 2007-11-07)
Turkey's recent travails represented a real currency crisis; whereas, the current troubles in Argentina, as well as those it encountered in 1995, represent pseudo crises.
Real exchange-rate crises erupt as a monetary authority increasingly offsets the reduction in the foreign component of the monetary base with domestically-created base money.
Also absent is a discussion of the type of analysis required to decompose the monetary base under a pegged regime, and to, therefore, anticipate a real currency crisis.
www.forbes.com /columnists/2001/08/20/0731hanke.html   (1303 words)

  
 INFLATION in BRAZIL
By 1942 the currency that devalued so much that the Vargas government instituted a monetary reform, changing the currency to cruzeiros (crosses) at a value of 1000 to 1.
In this way, by changing the currency, they avoided the embarrasment of having 1,000,000 notes which would really make the monetary policy team in Brasilia look like it was incompetent.
It is very hard to calaculate exactly the amount of inflation for a period, because the official indicators do not reflect reality, and because inflation is a complex phenomena that has many aspects, even if all related to the amount of money in circulation.
www.brazilbrazil.com /inflat.html   (2421 words)

  
 Brazilian Real and Brazil currency information including currency exchange rates
The Brazilian real, also denoted by BRL, is the official currency of Brazil.
The real replaced the previous "cruzeiro," which had been the monetary unit since 1942.
As seen in the graph of real GDP growth, the measure is rather volatile.
www.gocurrency.com /countries/brazil.htm   (704 words)

  
 XE.com - The Universal Currency Converter ®
Currencies that are obsolete -- or that are being phased out -- will be indicated by an asterisk (*).
When you are finished, push the "Perform Currency Conversion" button, and the results of your conversion will be displayed.
If you need more help, information is available on the three-letter currency codes used above, as well as world currency symbols.
www.xe.com /ucc   (270 words)

  
 Real Estate Exchange Articles
This has been prepared to provide information to buyers, sellers and real estate agents about the potential and pitfalls of entering the real estate/barter sector, the emerging industry that involves the use of barter currency, also known as barter dollars or barter credits, in real estate transactions.
The point the company is making is that it would be foolish for real estate agents and their clients to venture in this sector without the proper knowledge and insight in the barter industry.
These transactions sometimes involve the use of STX currency in conjunction with currency from another barter exchange and they often are issued in conjunction with traditional financing.
www.ree.com /ree/articles/article.asp?article_id=34   (837 words)

  
 Money vs Currency
It may be of a real subject, but it is nonetheless the artist’s conception, or unreal idea, of what it looks like.
That pretend act was real and horrifying to that child.
The really good part of it all is that it is so very simple to fix.
www.uhuh.com /unreal/moncur.htm   (1859 words)

  
 Cyprus currency: Cyprus Pounds, a real time currency converter
Below is a brief overview of the history of currencies in Cyprus.
In 1995 at the Bank of Cyprus administrative headquarters the Museum of the History of Cypriot Coinage opened a permanent exhibition of the development of Cypriot currency, from as early as the 6th century BC until recent times.
Until the 13th century the currencies of the kingdom were Byzantine and Dinars until Henri II Crusader king of Cyprus and claimant to Jerusalem (1285-1324) introduced a new coin, the silver gross, which remains the typical coin of Cyprus until the Ottoman period.
www.cyprusholidayguide.com /cyprus_currency.htm   (500 words)

  
 Brazil's real currency pulls LatAm markets lower - Jun. 21, 2002
Petrobras, the second-heaviest weighted share with 9 percent of the index, stood out with a 10.5 percent drop to 41 reals after Moody's revised the outlook for the company's debt in line with a similar move on the country's debt.
Traders pointed to heavyweight exporters as a possible market safe haven as their dollar earnings would be magnified by the weakness of the real.
Traders said the currency was hurt by the comments of Finance Minister Francisco Gil Thursday after the market closed and the dollar's sharp losses against the euro.
money.cnn.com /2002/06/21/news/international/americas   (1088 words)

  
 Currency Converter - Foreign Trade Online
The real time currency converter, allows you to perform interactive foreign exchange rate calculations, using live, up-to-the-minute currency rates.
Then select the currency you want to convert FROM and the currency you want to convert TO, using the scrolling selection boxes.
(Note: there are 167 currencies available for you to select!) After you have selected the currencies, click on the "Convert Currency" button, and the results of your conversion will be displayed.
www.foreign-trade.com /resources/converter.cfm   (100 words)

  
 World Wide ATM Locators - Currency Converters - Exchange Rates - Money
Currency rates are cyclical and nations with high rates of inflation have weak currencies subject to periodic devaluation.
Immediately following a devaluation the price of commodities produced within that nation, (as well as it’s real estate), becomes cheaper to buyers who have sound currencies and are capable of using those sound currencies to make their purchases.
Currencies of the World - Currencies of the World - A World Wide Web service provided by the PACIFIC at the University of British Columbia.
www.escapeartist.com /currency/currency.htm   (1082 words)

  
 Kitco - Contributed Commentaries
Because the currency system is founded on confidence, each currency would have to have a sort of confidence gauge, to guide recipients of those currencies, not only for oil, but on any transaction using a currency anywhere in the world.
A currency collapse in Europe or even the Middle and Far East will be a repeat of the past, so the adjustment to the new currency regime will be smoother and less traumatic.
In the States where confidence in the country, the system and the currency is far higher than anywhere else in the world, the fall from grace of the $ will be extremely traumatic and disruptive, if and when it comes.
www.kitco.com /ind/AuthenticMoney/apr272006.html   (1863 words)

  
 Egyptian Pound - EGP real-time currency   (Site not responding. Last check: 2007-11-07)
The official currency of Egypt (Egyptian Pound) was pegged to the US dollar until 2000.
Because of the severe economic crisis in Egypt the central bank was forced to devalue the EGP.
The material is provided for information only and no information contained herein constitutes a solicitation for the purpose of purchase or sale of any commodity, security or investment, nor should it serve as the basis for any investment decision.
www.ameinfo.com /financial_markets/Egypt/Currency   (432 words)

  
 IMF Staff Papers - December 2001 - Can Currency Demand Be Stable Under a Financial Crisis? The Case of Mexico By May ...
Cointegration analysis using the Johansen-Juselius technique indicates a strong cointegration relationship between real currency balances, real private consumption expenditures, and the interest rate.
The dynamic model for real currency demand exhibits significant parameter constancy even after the financial crisis as indi-cated by a number of statistical tests.
The paper concludes that the significant reduction in real currency demand under the financial crisis in Mexico could be appropriately explained by the change in the variables that historically explained the demand for real cash balances in Mexico.
www.imf.org /external/pubs/ft/staffp/2001/02/khamis.htm   (204 words)

  
 Calculator for Brazilian Real (BRL) Currency Exchange Rate Conversion
Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
The Brazilian Real is the currency in Brazil (BR, BRA).
It did take me a second to figure out how to set up a different currency at the top of the page, so maybe that could be made more intuitive, but that may come across as nitpicking.
coinmill.com /BRL_calculator.html   (455 words)

  
 Million Dollar Bill - corporate novelty products with real currency features
As a unique design which does not duplicate any current or past currency, The Million Dollar Bill can be lawfully sold throughout the United States and in most other countries.
The Million Dollar Bill is printed on real currency grade paper with a unique watermark.
The central vignette was engraved by a highly skilled designer who previously prepared real banknotes for the United States and other countries.
www.millbill.com /Security_Features.htm   (455 words)

  
 American Liberty Dollar   (Site not responding. Last check: 2007-11-07)
That just shows that real money like gold and silver holds its value and it is the green paper money that is now worth a lot less.
REAL money unites people: liberals, conservatives, minorities, libertarians, and greens are all enthusiastic about the Liberty Dollar.
REAL money helps educate people about money, a topic on which most people have a very loose grasp on.
www.norfed.org   (3760 words)

  
 ecobrazil.com - Currency Information
The currency of Brazil is the real (R$).
The real comes in coin denominations of R$1 and 50, 10, 5, and 1 centavos; and banknotes of R$1, R$5, R$10, R$50 and R$100.
For Netscape users please click on "click pop-up Personal Currency Assistant™" in the bottom left of the conveter.
www.ecobrazil.com /web/currency.asp   (79 words)

  
 Toccata Announces Release Of Real-Time Currency Conversion Software For E-Commerce
The ability to see real-time prices for goods in any currency creates a vast new market for E-commerce vendors." Jim Cates, VP of International Sales, adds, "The service is free to both buyer and seller and increases marketing awareness.
Toccata will also guarantee the real-time price for both sides of the transaction based on currency rates at the exact time of the transaction - something that is currently unavailable from credit card companies.
Toccata is a privately held corporation and is leading the way for global trade through its currency conversion, government funding and international trade facilitation program.
www.urlwire.com /newsarchive/063098.html   (664 words)

  
 Brazil's real could fall further - Jan. 22, 1999
     It was the first time the monetary authority had stepped in to support the currency since it let the real float a week ago after failing to engineer a controlled devaluation.
     The Central Bank's intervention came one day after the real had tumbled 7.6 percent to close at an all-time low of 1.72 to the dollar, due to a depletion of dollars in the market and amid a tidal wave of dollar outflows.
     The action brought the newly floated real currency back from an opening quote of 1.74 per dollar to 1.65, but by mid-morning it had slipped back to around 1.70.
money.cnn.com /1999/01/22/emerging_markets/brazil_analysis   (879 words)

  
 Real-time: Artifact, DNLcc real-time Currency Exchange, Virtins Pocket Spectrum Analyzer, ...
Pocket PC based real time oscilloscope and spectrum analyzer with sophisticated triggering method including pre-trigger and post-trigger which are generally missing from other sound card based instruments.
Sound card based real time oscilloscope and spectrum analyzer with sophisticated triggering method including pre-trigger and post-trigger which are generally missing from other sound card based instruments.
Pocket PC based real time oscilloscope with sophisticated triggering method including pre-trigger and post-trigger which are generally missing from other sound card based instruments.
www.fileedge.com /all/real-time   (489 words)

  
 OmniNerd - News: Virtual Currency Draining Real Economy?
But according to a gamer interviewed in the Marketplace report, "IGE is like the scum of the world." True online gamers resent the dabblers who purchase high-level items without working for them.
If you compete, and there are other people involved, other people counting on you to pull your share, suddenly you have a real community.
And in their defense, I really don't understand how its any different from being obsessed with golf, hunting, or photography.
www.omninerd.com /2005/11/18/news/402?highlight=c3373   (723 words)

  
 BBC NEWS | Technology | Cash card taps virtual game funds
A real world cash card that allows gamers to spend money earned in a virtual universe has been launched.
The buyer, Jon Jacobs who plays in the game as a character called Nerverdie, is developing the space station into a virtual night club through which the entertainment industry can sell music and videos to gamers.
The real person behind the character, an Australian gamer called David Storey, recouped his money within a year by selling land to build virtual homes as well as taxing other gamers to hunt or mine on the island.
news.bbc.co.uk /2/hi/technology/4953620.stm   (677 words)

  
 Currency Exchange Rates - Brazilian Real (BRL)
Two key factors affecting supply and demand are interest rates and the overall strength of the economy.
Economic indicators such as GDP, foreign investment and the trade balance reflect the general health of an economy and are, therefore, responsible for the underlying shifts in supply and demand for that currency.
Currency Exchange Rates fluctuate throughout the day, with trading on the market continuously.
www.currencysource.com /tables/BRL/1X_BRL.htm   (185 words)

  
 Game is virtual. Profit is real.
Web sites have sprung up that allow players to use real currency to buy things that they may want or need for the games, like weapons or real estate.
Ailin Graef, who goes by the screen name Anshe Chung in Second Life, said she was on track to earn about $100,000 in real money in her first year in the game's real estate business.
The value of the average player's transactions, if converted to real money, is more than $1,000 a year and has been growing nearly 25 percent a month, Rosedale said.
www.iht.com /articles/2005/05/29/business/games.php   (1142 words)

  
 BusinessWeek Online: Global Business Special Report
The new bills and coins are now everywhere -- and hopes are high that the currency will spark a wide-ranging boom
The single currency is a good start, but Europe still has lots of work to do in breaking down national barriers
The Continent's long and complex path to a single currency is reflected in the complicated preparations for the launch of the euro
www.businessweek.com /globalbiz/content/euroage.htm   (374 words)

  
 OANDA, The Currency Site: Foreign Exchange Services and Trading
Trading currency with tighter spreads can improve your trading P/L. It's an
OANDA FXTrade is the place to trade currencies --- when you want, how you want.
OANDA FXTrade facilitates broader market participation and the potential for a simple, efficient, and transparent currency market.
www.oanda.com   (147 words)

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