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Base currency |
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Base currencyApplies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.Base currency Similar MatchesCurrency boardCurrency boardAn extreme form of pegged exchange rate in which management of both the exchange rate and the money supply are taken away from the central bank and given to an agency with instructions to back every unit of circulating domestic currency with a specified amount of foreign currency. Operates similar to the gold standard. Currency unionCurrency unionA group of countries that agree to peg their exchange rates and to coordinate their monetary policies so as to avoid the need for currency reallignments. Intervention currencyIntervention currencyA currency that is commonly used by central banks for exchange market intervention. See reserve currency. Comptroller of the CurrencyComptroller of the CurrencyA government official, appointed by the president, who keeps control over all national banks, and receives reports from the banks at least quarterly, to be published in newspapers. Blocked currencyBlocked currencyA currency that is not freely convertible to other currencies due to exchange controls. Further SuggestionsCurrency depreciationCurrency diversification Currency selection European Currency Unit Foreign currency futures contract Currency in circulation Strong Currency Eurocurrency market Multicurrency clause Under-valued currency Moscow Interbank Currency Exchange (MICEX) Foreign currency translation Currency futures contract Currency basket Currency arbitrage Asian Currency Units (ACU) Hard currency Currency crisis Foreign currency mortgage Multicurrency loans hard currency Currency bloc Currency swings European Currency Unit (ECU) Currency call option |
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