11.   Banks, exchange shops and hotels will lose some revenue now earned from buying and selling foreign currency.

12.   A currency swap occurs when two parties sell each other currencies and agree to re-exchange the principal at a later date.

13.   A growing deficit leaves more New Zealand dollars in the hands of foreign exporters, who will sell the currency when they bring profits home.

14.   A growing trade deficit hurts the dollar because the currency must be sold to pay for the excess of imports.

15.   A growing trade surplus helps the yen by putting more foreign currency into the hands of Japanese exporters, who sell the currency for yen when repatriating revenue.

16.   A growing trade surplus helps the yen by putting more foreign currency into the hands of Japanese exporters who sell the currency for yen when repatriating revenue.

17.   A large trade gap hurts the dollar because the currency must be sold to finance the surfeit of imports.

18.   A put is an option to sell a currency and a call is an option to buy one.

19.   All but a few managers of international bond funds hedge by buying dollars and selling other currencies, according to analysts at Morningstar Inc., fund researchers in Chicago.

20.   Bulgarians had rushed to sell lev after foreign banks were reported selling the currency to finance imports.