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• n  the metal or paper medium of exchange that is presently used
• n  general acceptance or use
  the currency of ideas
• n  the property of belonging to the present time
  the currency of a slang term

• The little-known SDR is making a play to become the world's reserve currency.
• The WSJ reports that People's Bank of China Governor Zhou Xiaochuan has: called for the creation of a new currency to eventually replace the dollar as the world's standard .
• Without a stable exchange rate, will Russia's currency go the way of the Soviet Union?.

• currentness
• up-to-dateness

News & Articles

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• Currency Partner Among Brevan Howard Trader Exits
  Currency Partner Among Brevan Howard Trader Exits
  June 12, 2013 - Nasdaq
• Brevan Howard Currency Trader Luke Ding Said to Leave Hedge Fund
  Luke Ding, who managed a currency hedge fund at Brevan Howard Asset Management LLP, is leaving the firm, according to a person with knowledge of the matter.
  June 12, 2013 - Bloomberg
• In Global Currency War II, Shots Fired Over India
  Japan's Central Bank may want a weaker currency, but the Reserve Bank of India wants nothing to do with a weaker rupee. On Tuesday, the RBI stepped in to save the currency with major currency purchases as the rupee slipped to a new low.
  June 12, 2013 - Forbes

Quotes

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• Timothy Geithner in guardian.co.uk
  President Obama - backed by the conclusions of a broad range of economists - believes that China is manipulating its currency,wrote Geithner, expressing a view that the previous treasury secretary, Henry Paulson, was unwilling to voice.
• Ben Bernanke in Seeking Alpha (blog)
  But last week was different, and Bernanke said in no uncertain terms that the Fed's "commitment to both price stability and maximum sustainable employment......will be key factors ensuring that the dollar remains a strong and stable currency."
• President Bush in Reuters
  Our economy is large and it's open and flexible. Our capital markets are some of the deepest and most liquid. And the long-term health and strong foundation of our economy will shine through and be reflected in currency values,Bush said.