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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Kosovo Inflation Rate at 0.30 Percent  
The inflation rate in Kosovo was recorded at 0.30 percent in March of 2014. Inflation Rate in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Import Prices at 116.20 Index Points  
Import Prices in Kosovo remained unchanged at 116.20 Index Points in the fourth quarter of 2013 from 116.20 Index Points in the third quarter of 2013. Import Prices in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Producer Prices at 121.30 Index Points  
Producer Prices in Kosovo increased to 121.30 Index Points in the fourth quarter of 2013 from 118.90 Index Points in the third quarter of 2013. Producer Prices in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Unemployed Persons at 268104.00  
The number of unemployed persons in Kosovo increased to 268104 in December of 2013 from 267822 in November of 2013. Unemployed Persons in Kosovo is reported by the Cental Bank of Kosovo.
Kosovo Average Monthly Wages at 364.00 EUR  
Wages in Kosovo increased to 364 EUR in December of 2013 from 355 EUR in November of 2013. Wages in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Balance of Trade at -136236.00 thousand EUR  
Kosovo recorded a trade deficit of 136236 thousand EUR in February of 2014. Balance of Trade in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Exports at 22072.00 thousand EUR  
Exports in Kosovo increased to 22072 thousand EUR in February of 2014 from 20520 thousand EUR in January of 2014. Exports in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Imports at 158308.00 thousand EUR  
Imports in Kosovo increased to 158308 thousand EUR in February of 2014 from 129951 thousand EUR in January of 2014. Imports in Kosovo is reported by the Kosovo Agency of Statistics.
Kosovo Capital Flows at 140.00 EUR Million  
Capital Flows in Kosovo decreased to 140 EUR Million in 2012 from 419.60 EUR Million in 2011. Capital Flows in Kosovo is reported by the Cental Bank of Kosovo.
Kosovo Changes in Inventories at 148.30 EUR Million  
Changes in Inventories in Kosovo decreased to 148.30 EUR Million in 2012 from 156.50 EUR Million in 2011. Changes in Inventories in Kosovo is reported by the Kosovo Agency of Statistics.
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LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
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