Markets Today :

  • EUR/USD1.0795 (+0.1243%)
  • EUR/JPY120.1840 (+0.4455%)
  • GBP/USD1.2467 (-0.3963%)
  • AUD/USD0.7622 (-0.0249%)
  • USD/CAD1.3377 (+0.1910%)
  • USD/CHF0.9909 (-0.2165%)
  • USD/CNY6.8802 (-0.0581%)
  • NZD/USD0.7025 (-0.0512%)

Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. Central banks attempt to limit inflation, and avoid deflation, in order to keep the economy running smoothly.

Alexander Jakins
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