Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,281,823 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Cross Currency

    0.01 sec.
Cross Currency
In foreign exchange, two currencies that are exchanged without first converting one or the other into United States dollars. At the end of World War II, most currencies were pegged to the dollar as the United States was the only major country to come out of the war with little damage. This meant that confidence in the dollar was strong, especially since it was also pegged to gold. Since then, currencies have begun to be traded without reference to the dollar; these are known as cross currencies. See also: Bretton Woods.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Sterling however remains a relative underperformer and is heavily weighed down on strong cross currency related demand in Eur/Gbp.
Terminologies such as hedge, pips, currency pairs, quote currency, base currency, cross currency and the major and minor currency.
This platform also helps clients to convert an existing manual process into an end to end STP solution for cross currency payments.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.