Exchange rates
These words appeared in the reading text "Exchange rates". Choose the correct word from the list for each definitions.
1. to increase the value of a currency in an otherwise fixed system -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
2. to decrease the value of a currency in an otherwise fixed system -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
3. adjective describing a rate that changes or varies -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
4. people who argue in favour of something -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
5. to fall in value in a market system -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
6. to rise in value in a market system -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
7. to attempt to protect oneself against future price changes -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
8. continuous changes in a price or value -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
9. agreements to buy something at a fixed price several months ahead -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
10. the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction) -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
11. equality between prices of commodities or securities in two separate markets -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
12. investment involving high risk but also the possibility of high profits -
appreciate
convertibility
depreciate
devalue
floating
fluctuations
futures contract
hedge
parity
proponents
revalue
speculation
[?]
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