The British Pound, US Dollar, European Euro, Japanese Yen; they are all examples of currency, the official money of a country. Every country has their own, some even share the same type or name.

For example, Japan can draw from its own reserves of the U.S. dollar to buy its own currency, the yen. For the U.S., the largest reserve holdings of foreign currency are euros and yen. The U.S ...

A currency's appreciation or depreciation can be influenced by a number of factors, including interest rates, trade, and politics. In the foreign exchange market, currency depreciation occurs when ...