base currency
noun[C]
ukusFINANCE
the firstcurrencythat ismentionedin apairofcurrenciesthat are beingtraded:
If youbuyacurrencypair, youbuythebasecurrencyandsellthequotecurrency.
See also
currency pair
单词 | base currency |
释义 | base currency noun[C] ukusFINANCE the firstcurrencythat ismentionedin apairofcurrenciesthat are beingtraded: If youbuyacurrencypair, youbuythebasecurrencyandsellthequotecurrency. See also currency pair Examplesofbase currencybase currency All of these purchases or sales result in more or lessbasecurrencyentering or leaving market circulation. From Wikipedia ![]() The standard lot size is 100,000 units of thebasecurrency. From Wikipedia ![]() The term "basecurrency" in the foreign exchange field is also used as the accounting currency by banks, and is usually the domestic currency. From Wikipedia ![]() Hence, in the long term, the monetary policy has to be adjusted in order to be compatible with that of the country of thebasecurrency. From Wikipedia ![]() Just as abasecurrencydrives out of circulation a pure currency, so does a lower standard of comfort drive out a higher one. FromProject Gutenberg These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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