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Yahoo Finance has launched a new Currencies Center focused on providing traders with a robust free investing resource.

Yahoo says the launch is in response to a growing demand for a popular topic on Yahoo Finance, as traffic to the site's currency resources has doubled over the past year.

"Our increasingly globalized economy has led to an internationally-minded audience with more sophisticated investment needs," said Mark Interrante, general manager and vice president of Yahoo! Finance.

"The new Currencies Center on Yahoo! Finance addresses the growing demand of mainstream investors to manage more complex global portfolios."

Users can access the currencies center beginning today by visiting the Yahoo Finance homepage and clicking on the "Currency Investing" or "Currency Converter" links.

Features include new rates tables with flat rates and cross rates of the most traded currencies around the globe, a global economic calendar that can be filtered by country and that provides information on economic events impacting currencies.

Yahoo has also introduced a new currency calculator, which allows users to search for currencies in six different ways including by country, capitol or symbol. Users can also scroll alphabetically.

Other features include a printable pocket guide and an exchange rate calendar that provides historical exchange rates data.