Currency basketA group of two or more currencies that may be used as a unit of account, or to which another currency may be pegged.
Currency basketThe value of a portfolio of specific amounts of individual currencies, used as the basis for setting the market value of another currency. It is also referred to as a currency cocktail.
Currency overvaluationCurrency overvaluation
Applies 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.
Foreign currency futures contractForeign currency futures contract
Standardized and easily transferable obligation between two parties to exchange currencies at a specified rate during a specified delivery month; standardized contract on specified underlying currencies, in multiples of standard amounts. Purchased and traded on a regulated exchange on which margins are posted.
Currency riskCurrency risk
Related: Exchange rate risk
Currency depreciationCurrency depreciation
Currency unionCurrency union
A 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.
Further SuggestionsCurrency arbitrage
Currency no longer issued
Currency Exchange Risk
European Currency Unit (ECU)
Comptroller of the Currency
Currency futures contract
Foreign currency mortgage
Currency call option