Base currency

 

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Base currency

Applies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.



Base currency

Similar Matches

Over-valued currency

Over-valued currency

The situation of a currency whose value on the exchange market is higher than is believed to be sustainable. This may be due to a pegged or managed rate that is above the market-clearing rate, or, under a floating rate, it may be due to speculative capital inflows. Contrasts with under-valued currency.


Eurocurrency deposit

Eurocurrency deposit

A short-term fixed-rate time deposit denominated in a currency other than the local currency (i.e., US dollars deposited in a London bank).


Currency crisis

Currency crisis

The crisis that occurs when particpants in an exchange market come to percieve that an attempt to maintain a pegged exchange rate is about to fail, causing speculation against the peg that hastens the failure and forces a devaluation.


European Currency Unit

European Currency Unit

A weighted average of European Community currencies with weighting tending to be proportional to a country's economy. The ecu has been superseded by the euro.


Vehicle currency

Vehicle currency

The currency used to invoice an international trade transaction, especially when it is not the national currency of either the importer or the exporter.


Further Suggestions

Reporting currency
Comptroller of the Currency
Currency selection
Currency Board
Currency basket
Hard currency
Multicurrency loans
Under-valued currency
Currency devaluation
Currency overvaluation
Asian Currency Units (ACU)
Currency no longer issued
Currency option
Soft currency
Currency factor
Currency put option
Net currency exposure
Intervention currency
Currency speculation
Currency swap
Currency bloc
currency loan
Currency
Currency board
Currency hedge


 
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