CNBC Explains Currencies


  • By: Chris Morris | Special to

    As investors scramble for bitcoin, they're finding that when it comes to virtual currencies, the rules of economics are less predominant than those of hackers.

  • Bitcoin

    With the price of bitcoins soaring, miners are striking it big. How exactly do you mine? It's easier than you think.

  • People are seen in front of a Eurobank branch in Athens, Greece, March 19, 2015.

    The ongoing currency crisis in Greece has thrust the talk of "capital controls" back into the global financial conversation.

  • The renminbi's elevation to the IMF's SDR basket means the pound sterling and euro will be losing ground.

  • A teller counts yuan bank notes in a bank in Lianyungang, China.
    By: Tim Mullaney, special to

    The 2 percent drop in the yuan's value has broad implications for the commodities market and global trade. Here are the spillover effects.

  • China3_Video.jpg
    By: CNBC Explains

    Salman Khan of the Khan Academy explains what China's currency situation means for U.S. consumption and how it affects the entire U.S. and global economies.

  • China2_Video.jpg
    By: CNBC Explains

    Countries around the world keep their currencies pegged to the U.S. dollar, but how is this balance maintained? We saw in a previous video how a floating exchange rate can significantly affect international trade, but how is this achieved?

  • China1_VIDEO.jpg
    By: CNBC Explains

    You've probably heard about the global controversy surrounding the Chinese currency: international leaders have criticized the Chinese government for keeping the value of the Yuan artificially low, because an artificially undervalued Yuan has serious implications for international trade.

  • CNBC_Explains_Video_Carry_Trade.jpg
    By: CNBC Explains

    When there is a disparity in interest rates between countries, investors have an opportunity to employ a currency trading strategy called the carry trade.

  • CNBC_Explains_Deflation.jpg
    By: CNBC Explains

    If you understand inflation, deflation is simply the flip side of the coin. In fact, sometimes it referred to as “negative inflation.”

  • A clerk handles dollars and euros at a money exchange office in Paris.

    The dollar-euro parity signifies an ongoing trend in changing money supplies and disparate global central bank policies.

  • Actor Chevy Chase and actress Beverly D'Angelo on set of the Warner Bros. movie National Lampoon's 'European Vacation' in 1985.

    American tourists could be among the biggest beneficiaries of the weak euro.

  • CNBC-Explains-Video-Hyperinflation.jpg
    By: CNBC Explains

    Although inflation is not necessarily a bad thing for a growing economy, there have been numerous historical examples when inflation runs wild, a situation called hyperinflation. CNBC explains

  • CNBC_Explains_Inflation.jpg
    By: CNBC Explains

    In a good economy, gradual inflation is considered a good thing, but in tougher economic times, too much inflation is a serious problem. CNBC Explains.

  • CNBC_Explains_Video_Stagflation.jpg
    By: CNBC Explains

    While moderate inflation is actually a good thing for a healthy economy, inflation can also occur when the economy is stagnant.

  • A man holds a 100 Swiss franc bank note in front of an ATM in Bern.

    The Swiss National Bank's move to break the franc away from its set value against the euro stunned financial markets and has substantial real-world effects.

  • The Japanese yen hit a seven-month high on Monday, as the dollar hit a seven-month low. Is there a new currency king in the markets?

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