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

Currency hedge

Currency hedge

Applies mainly to international equities. Hedging technique to guard against foreign exchange fluctuations (i.e., short Euro l00 mm when holding a long position of Euro l00 mm in stocks).


Currency call option

Currency call option

Contract that gives the holder the right to purchase a specific currency at a specified price (exchange rate) within a specific period of time.


Optimal currency area

Optimal currency area

The optimal grouping of regions or countries within which exchange rates should be held fixed. First defined (as "optimum currency areas") by Mundell (1961).


Currency in circulation

Currency in circulation

The amount of a country's currency that is in the hands of the public (households, firms, banks, etc), as opposed to sitting in the vaults of the central bank.


Multicurrency clause

Multicurrency clause

Such a clause on a Euro loan permits the borrower to switch from one currency to another currency on a rollover date.


Further Suggestions

Reporting currency
Hard currency
Currency swap
Currency depreciation
Currency Exchange Risk
Virtual currency option
Currency bloc
Currency crisis
currency conversion
Currency area
Eurocurrency
Eurocurrency deposit
Currency reallignment
Over-valued currency
Currency factor
Currency devaluation
Currency arbitrage
Currency reserves
currency loan
Currency appreciation
Currency basket
European Currency Unit
Currency put option
Convertible currency
Composite currency


 
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