Base currencyApplies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.
Over-valued currencyOver-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 depositEurocurrency 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 crisisCurrency 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 UnitEuropean 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 The ecu has been superseded by the euro.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 currencyVehicle 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 SuggestionsReporting currency
Comptroller of the Currency
Asian Currency Units (ACU)
Currency no longer issued
Currency put option
Net currency exposure