- exchange cross rate
Financial and business terms. 2012.
exchange cross rate
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cross rate — The exchange rate between two currencies, in which the home country s currency is not included. In the U.S., the euro/yen rate would be considered a cross rate, while in Europe or Japan it would be considered a primary pair. Chicago Mercantile… … Financial and business terms
Cross Rate — The currency exchange rate between two currencies, both of which are not the official currencies of the country in which the exchange rate quote is given in. This phrase is also sometimes used to refer to currency quotes which do not involve the… … Investment dictionary
cross rate — noun Etymology: cross (III) : the rate of exchange of two foreign currencies based on their quotation in a third market the sterling dollar cross rate in francs in Paris … Useful english dictionary
Cross- rate — An exchange rate calculated from two other bilateral exchange rates, i.e., two different currencies compared to the same third currency … International financial encyclopaedia
Cross rate — An exchange rate between two foreign currencies. As such it is the ratio between the exchange rates of two foreign currencies in terms of a third currency … International financial encyclopaedia
cross rate — An exchange rate between two currencies based upon the rate of each of them with a third currency, often the US dollar … Accounting dictionary
cross-rate — noun an exchange rate between two currencies computed by reference to a third currency, usually the US dollar … English new terms dictionary
cross rate — /ˈkrɒs reɪt/ (say kros rayt) noun the rate of exchange between two currencies, calculated by reference to a third currency, usually the US dollar …
cross rate — / krɒs reɪt/ noun an exchange rate between two currencies expressed in a third currency … Dictionary of banking and finance
cross-rate — n. Finance an exchange rate between two currencies computed by reference to a third currency, usually the U.S. dollar … Useful english dictionary
