The Global Currency Union (GCU) provides a neutral platform and forum for dialogue on exchange rate-related matters and a structure for implementation of mechanisms and systems developed to mitigate and stabilize the negative effects from excess volatility, disorderly movements and relations in exchange rates having adverse implications for economic and financial stability.
Our unique structure enables us to engage with monetary authorities, governmental offices and academic institutions as well as industry associations, private entities, think tanks and the like.
We have successfully developed and documented two mechanisms and systems, the Multi-Currency System (the Trade-Weighted Equilibrium Exchange Rate System) and the Exchange Rate Mitigation System, which both enable increased exchange rate stability and volatility mitigation. By themselves, these systems demonstrate that stabilizing mechanisms are capable of being developed.
Since the inception of the GCU in November 2008 several central bank authorities, from both developing and industrialized countries, have communicated their positive perspectives on our activities. Today GCU is actively working with some of those to advance the further development.
In January 2013 GCU Settlements was established to function as the operational entity providing products and services developed by GCU to the market.
The Global Currency Union and GCU Settlements operate primarily out of Copenhagen, Denmark.
GCU in the Media
Articles on the activities of the Global Currency Union:
|Link to article in The Financial Express||Link to Bangladeshi articles||
|Link to article in Policy Innovations||Link to article in Wall Street Journal||Link to article in MarketWatch|