The following is a list of active codes of official ISO currency names.
ISO country codes beginning with "X" are used for private custom use reserved , never for official codes. Consequently, ISO can use "X" codes for non-country-specific currencies without risk of clashing with future country codes.
The inclusion of EU denoting the European Union in the ISO reserved codes list, allows the euro to be coded as EUR rather than assigned a code beginning with X, even though it is a supranational currency. The ISO standard includes a crude mechanism for expressing the relationship between a major currency unit and its corresponding minor currency unit.
This mechanism is called the currency "exponent" and assumes a base of So the USD has exponent 2 10 to the power 2 is , which is the number of cents in a dollar. Some currencies do not have any minor currency unit at all and these are given an exponent of 0, as with currencies whose minor units are unused due to negligible value.
There is also a three-digit code number assigned to each currency, in the same manner as there is also a three-digit code number assigned to each country as part of ISO This numeric code is usually the same as the ISO numeric code. The ISO standard does not regulate either the spacing, prefixing or suffixing in usage of currency codes. Note that, as illustrated, the order is determined not by the currency, but by the native language of the document context.
In , the ISO Technical Committee 68 decided to develop codes for the representation of currencies and funds for use in any application of trade, commerce or banking. Over time, new currencies are created and old currencies are discontinued. Frequently, these changes are due to the formation of new governments, treaties between countries standardizing on a shared currency, or revaluation of an existing currency due to excessive inflation.
As a result, the list of codes must be updated from time to time. The following is a list of active codes of official ISO currency names.
In the standard the values are called "alphabetic code", "numeric code", and "minor unit". The US dollar has two codes assigned: A number of currencies are not included in ISO , because these currencies are: Fixed exchange rate for a list of all currently pegged currencies. Despite having no official recognition in ISO , the following non-ISO codes are sometimes used locally or commercially.
In addition, GBX is sometimes used for example on the London Stock Exchange to denote Penny sterling , a subdivision of pound sterling, the currency for the United Kingdom. A number of currencies were official ISO currency codes and currency names until their replacement by the euro or other currencies.
The table below shows the ISO currency codes of former currencies and their common names which do not always match the ISO names. These codes were first introduced in December after a request from the reinsurance sector was accepted . From Wikipedia, the free encyclopedia. It is not to be confused with Currency sign. This section does not cite any sources. Please help improve this section by adding citations to reliable sources.
Unsourced material may be challenged and removed. July Learn how and when to remove this template message. Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee judges that risks to the economic outlook are roughly balanced, but will continue to monitor global economic and financial developments and assess their implications for the economic outlook.
In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective.
This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments. Voting for the FOMC monetary policy action were: Powell, Chairman; John C.
Williams, Vice Chairman; Thomas I. Bowman; Lael Brainard; Richard H. Mester; and Randal K. That recovery effort, however, was yet again met with selling resistance that drove the market further into negative territory.
Disappointment in the inability to sustain a rebound effort from short-term oversold conditions effectively led to a buyers strike that weighed heavily on the indices. Some discouraging headlines that compounded risk-reduction efforts included 1 the threat of a partial government shutdown due to disagreement over funding for a border wall, and 2 a late-day report that Director of the White House National Trade Council Peter Navarro told Nikkei that an agreement with China in 90 days will be difficult to attain.
Treasuries remained resistant to selling pressure amid the equity sell-off. The 2-yr yield dropped four basis points to 2. There are no companies we cover scheduled to report earnings next week. The market will be open until S government looks set for a partial shutdown at midnight tonight due to a political fight over funding for a border wall.
The spread that really matters most to me, is the one between the Fed Fund Rate and the 10year yield which has narrowed considerably in the last week. With the Fed raising the benchmark rate 25bps to 2. Total motor gasoline inventories increased by 1. Finished gasoline and blending components inventories both increased last week. Distillate fuel inventories decreased by 4. Total commercial petroleum inventories decreased last week by This represents a net decrease of Bcf from the previous week.
According to our 5, 10 and 15 year seasonal models;. Week 52 Key Economic Dates. The coming week will be light on data given the holiday season. On the contrary, the market seems to be scaring Santa away this Christmas. That is an even taller order if you consider that the last week of the trading year always has the lowest trading volumes.
With the yield curve flattening, the dollar weakening and crude prices falling, this will crush any remaining confidence in risk for the coming year. Any talk of a Santa Claus Rally seems to have all but faded into oblivion. The only thing rising quietly is Gold … and those who know what that means are counting the months downs. I am holding to the opinion that this is still only a correction, the one that was long overdue and expected.
All the talk of an economic slowdown or recession have been nothing more than speculative projections by Wall Street and some cautious corporations. Cut through all that noise and you still have a lofty U. There are no obvious signs of economic weakness that would say that a recession is near.
There is, however, the possibility that the market could continue falling to new lows. Should that happen, we then could have the catalyst for the next recession. With more than eight hours of pure education, this mind-blowing workshop is designed with short-term traders, swing traders, scalpers, and long-term investors in mind.
Wall Street suffered another down week, as continued uncertainty surrounding economic growth, trade, politics, and the path of interest rates kept many buyers on the sidelines. Heightened trading volatility also proved effective in keeping buyers sidelined, too, as large intraday swings proved exhausting and off-putting for many participants.
For the month, these groups are down There were some conciliatory headline developments this week on the trade dispute between the U. In particular, high-ranking U. Separately, China confirmed it will temporarily reduce its U. Energy stocks struggled as oil prices pulled back. WTI crude fell 2. Not all was bad, though. Recent demand for Treasuries cooled off, giving yields a slight bump. The Fed-sensitive 2-yr yield rose three basis points to 2.
Dollar Index rose 1. She subsequently attempted to renegotiate the plan in Brussels, yet EU officials said the plan was not open for change. The Producer Price Index for final demand increased 0. The monthly reading left the index for final demand up 2.
Total CPI was up 2. Import prices declined 1. Export prices declined 0. Excluding fuel, import prices were down 0. Excluding agricultural products, export prices were down 1.
Initial jobless claims for the week ending December 8 dropped by 27, to , consensus , Continuing claims for the week ending December 1 increased by 25, to 1. The key takeaway from the report is that it helped quell for the time being burgeoning concerns about the rising trend in initial jobless claims.
Total retail sales increased 0. An important item to take into account is that there were sizable revisions to the October data for total retail sales to 1. The key takeaway from the Retail Sales report is that core retail sales, which exclude auto, gasoline station, building materials, and food services and drinking places sales, increased 0.
Industrial production increased 0. The capacity utilization rate was The key takeaway from the report is that manufacturing output was flat on the heels of a 0. Total business inventories increased 0. Total business sales increased 0. The key takeaway from the report is that business sales rose at a slower pace than inventories. That distinction, if it persists, will diminish pricing power. Markit Manufacturing PMI Markit Services PMI International Key Economic Data.
The Dow Jones Industrial Average lost 2. For the month, the respective indices are down 5. The selling started overseas when China, the second-largest economy in the world, reported some weaker-than-expected industrial production and retail sales data.
A solid November Retail Sales report out of the U. Instead, the good news on that front was drowned out by the concern that weakness abroad will eventually lead to a slower pace of growth in the U. Selling picked up after the close of the European markets The negative bias within the health care and tech groups was driven by some corporate news, while energy fell in tandem with oil prices.
Margin weakness, attributed to higher merchandising costs, also weighed on the stock. There was little room to hide in the stock market, though the defensive-oriented real estate Investors sought safety in U. Treasuries, pushing yields lower across the curve. The 2-yr yield lost three basis points to 2. Dollar Index rose 0. Italics indicate week lows.
Nearing 52 Week High. Growth Concerns Boost Treasuries. US Treasuries ended the week with gains across the curve. The Treasury market spent the entire session in positive territory with the long bond settling near its high while shorter tenors finished a bit below their opening levels. Treasuries jumped out of the gate in response to disappointing economic data from China and the eurozone, but the early gains were trimmed after generally positive economic figures from the U.
Treasuries backtracked during the first two hours of trade, but they rallied to fresh highs in midday action while equities struggled. The selling in the stock market continued into the afternoon, contributing to a steady bid in Treasuries. Dollar Index marked a fresh high at Total motor gasoline inventories increased by 2.
Distillate fuel inventories decreased by 1. Total commercial petroleum inventories decreased last week by 6. Natural gas inventory showed a draw of 77 bcf vs a draw of 63 bcf in the prior week. This represents a net decrease of 77 Bcf from the previous week. Week 51 Key Economic Dates. Other important releases include: When Santa fails to call, the Bears will roam on Broad and Wall.
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Learn more about the Tutorial by coming to our three-hour Introductory Session on 20th December at 7pm. It will be the most educational preview you will ever attend. S-China trade negotiations and the continued flattening of the U. The Dow Jones Industrial Average lost 4. Investors breathed a fleeting sigh relief that trade relations between the U. Meng was arrested Dec. Her arrest invited worries about trade negotiations going awry in the day window and potential retaliation against U.
Economic growth concerns were cast into the spotlight by a decisive curve-flattening trade in the Treasury market that featured some inversions on the short end. The 2-yr yield 2. Also, the difference between the 2-yr and yr yields narrowed to its slimmest margin since Specifically, the 2-yr yield lost 11 basis points to 2.
In a broader context, concerns over future economic growth drove concerns about future earnings growth. Notably, that was the case despite there being one less day of trading. The market was closed Wednesday in recognition of the national day of mourning for President George H. The worst-performing sectors this week were the financials The rate-sensitive financial sector was undermined by the flattening yield curve, which raised concerns about a compression in net interest margins.
Regional banks were notable laggards as worries about lower mortgage loan demand stemmed from home builder Toll Brothers TOL acknowledging that it saw a moderation in demand in its fiscal fourth quarter ended Oct.
Transport stocks, in particular, weighed on the trade-sensitive industrial sector. The Dow Jones Transportation Average dropped 8. Apple has retreated over The energy sector Russia was a party to the proposed production cuts; meanwhile, Iran will reportedly be exempt from the production cut requirements.
On a related note, Qatar, in a surprise move, announced plans to withdraw from OPEC to focus on gas production. Qatar has been a member of OPEC since It showed nonfarm payrolls increasing a weaker than expected , and average hourly earnings increasing 0.
In other words, the wage growth acceleration the Federal Reserve has been bracing for was missing. Overseas, global markets finished the week with large losses as well. The key takeaway from the report is that it reflects an acceleration in national manufacturing activity at a time when concerns have been picking up about a general growth slowdown. Accordingly, it can help mitigate some of the slowdown concerns and potentially foster an improved outlook for Q4 GDP growth.
Total construction spending declined 0. The key takeaway from the report is that the weakness was driven by a decline in new single-family construction, providing further evidence of the softening in housing market activity. S trade deficit despite the tariff actions. Initial jobless claims for the week ending December 1 decreased by 4, to , consensus , Continuing claims for the week ending Nov. The key takeaway from the report is that initial claims, while down in the latest week, are starting to pick up in a move that suggests the low for this cycle has been reached.
Nonfarm business sector labor productivity for the third quarter was revised to 2. Since the piastre and millieme are no longer legal tender, the smallest denomination currently minted being the piastre coin functioning as one-quarter of one pound , these terms have mostly fallen into disuse and survive as curios.
A few have survived to refer to pounds: Different sums of EGP have special nicknames, for example: Copper 10 para coins were introduced in , although the silver coin continued to be issued.
Gold 25 piastre coins were introduced in The gold coinage practically ceased, with only small numbers of 5 and 10 piastre coins issued. In , bronze replaced cupro-nickel in the 1 millieme coin and the holes were removed from the other cupro-nickel coins. In , bronze 5 and 10 millieme coins were introduced, followed in by silver, hexagonal 2 piastre coins.
Between and , a new coinage was introduced, consisting of aluminium-bronze 1, 5 and 10 millieme and silver 5, 10 and 20 piastre coins, with the size of the silver coinage significantly reduced. An aluminium-bronze 2 millieme coin was introduced in In the silver coinage was abandoned and cupro-nickel 5 and 10 piastre coins were introduced.
Aluminium replaced aluminium-bronze in the 1, 5 and 10 millieme coins in , followed by brass in the 5 and 10 millieme coins in Aluminium-bronze 2 piastre and cupro-nickel 20 piastre coins were introduced in , followed by aluminium-bronze 1 and 5 piastre coins in In , brass 5 and 10 piastre coins were introduced, followed by holed, cupro-nickel 25 piastre coins in The size of 5 piastre coins was reduced in , 10 and 25 piastre coins - in The size and composition of 50 piastre coins was reduced in Between and , 25 piastre notes were added, together with government currency notes for 5 and 10 piastres.
Issued intermittently, the 5 and 10 piastres are today produced by the Ministry of Finance. All Egyptian banknotes are bilingual , with Arabic texts and Eastern Arabic numerals on the obverse, and English texts and Western Arabic numerals on the reverse.
Obverse designs tend to feature an Islamic building with reverse designs featuring Ancient Egyptian motifs buildings, statues and inscriptions.
This table shows the value of one British pound sterling in Egyptian pounds:.