|
|
Base currency |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Base currencyApplies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.Base currency Similar MatchesCurrency call optionCurrency call optionContract that gives the holder the right to purchase a specific currency at a specified price (exchange rate) within a specific period of time. Foreign currency forward contractForeign currency forward contractAgreement that obligates its parties to exchange given quantities of currencies at a prespecified exchange rate on a certain future date. Artificial currencyArtificial currencyA currency substitute, e.g., special drawing rights (SDRs). Hard currencyHard currencyA currency which is generally accepted throughout the world and which is unlikely to devalue. Examples are the deutschmark, dollar and Swiss franc. Currency overvaluationCurrency overvaluationApplies mainly to international equities: (1) consideration that a currency is overvalued if private demand for the currency at the going exchange rate is less than total private supply (i.e., central banks are buying up the difference, supporting the value of the currency through foreign exchange intervention); (2) currency value exceeding purchasing power parity. Further SuggestionsReporting currencyMoscow Interbank Currency Exchange (MICEX) Under-valued currency Foreign currency translation Currency reallignment Soft currency Currency factor Hard currency Eurocurrency deposit Currency speculation Blocked currency Comptroller of the Currency Currency risk sharing Reserve currency currency swap Currency swings Common currency Currency depreciation Currency diversification Currency appreciation Currency selection Currency union Multicurrency loans Asian Currency Units (ACU) Currency revaluation |
|
|
|