Forex Glossary


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Yen ETF: An exchange traded fund consisting of a portfolio of Yen denominated assets including money market funds, currency and debt securities. The investors seek to make profit from the performance of yen versus US dollar as well as fund's the interest bearing assets.

Yemeni Rial: The official currency of the country of Yemen. A Yemeni Rial is divided into 100 fils. However the fils denominated coins have disappeared since Yemeni unification. The central bank of Yemen has introduced coins in 1, 5, 10 and 20 rial denominations.