Currency basket

 

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Currency basket

A group of two or more currencies that may be used as a unit of account, or to which another currency may be pegged.

Currency basket

The 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 basket

Similar Matches

Currency overvaluation

Currency 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 contract

Foreign 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 risk

Currency risk

Related: Exchange rate risk


Currency depreciation

Currency depreciation

See depreciation.


Currency union

Currency 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 Suggestions

Currency arbitrage
Currency no longer issued
Currency factor
Artificial currency
Reporting currency
Currency Exchange Risk
Currency depreciation
Reserve currency
currency conversion
Currency speculation
Eurocurrency deposit
currency loan
Multicurrency clause
Currency
Intervention currency
European Currency Unit (ECU)
Comptroller of the Currency
Currency futures contract
Common currency
Hard currency
Blocked currency
Foreign currency mortgage
Eurocurrency market
Currency swings
Currency call option


 
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