Base Currency
Base Currency definition :
Applies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.
Want tight spreads?
Base Currency
Investment Dictionary:
Base Currency
Home > Library > Business & Finance > Investment Dictionary ...
Base currency
The first currency quoted in a currency pair. For example, the base currency is the euro in EUR/USD.
Base rate
The rate at which the Bank of England lends to other banks in the UK.
Base Currency
The currency in which an investor or issuer maintains its book of accounts; the currency that other currencies are quoted against.
base currency The currency in which a VaR measure quantifies market risk.
Basel II An international accord on bank capital requirements to replace the earlier 1988 Basel Accord.
Base currency:
The currency against whose value an exchange rate quote is made between two currencies. For example, if the French Franc is trading at 4.
Base Currency
In terms of foreign exchange trading, currencies are quoted in terms of a currency pair. The first currency in the pair is the base currency.
Base Currency
The first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency. For accounting purposes, a firm may use the base currency to represent all profits and losses.
The base currency is the first currency quoted in a currency pair. For example,... base interest rate The base interest rate is the minimum required rate of return acceptable to...
Basket options Packages that involve the exchange of more than two currencies against a base currency at expiration.
repatriate Conversion of foreign currency back to an investor's base currency.
Base Currency
The currency that forms the base of a quotation, i.e. the denominator expressed as a unit of one. Sterling is the base currency in the dolla...(Read more)
Base Metals ...
For example, in the EUR/USD currency pair, EUR is the base currency and the USD is the counter currency. The base currency in any currency pair is the currency the investor will buy or sell.
Other examples of exotic options: basket options, which give the owner the right to receive two or more designated foreign currencies in exchange for a base currency, either at a prearranged rate of exchange or at the prevailing spot market rate; ...
Let's say USD/AUD, the USD is considered the base currency and the AUD is considered the counter currency.
The quoted currency is valued in terms of a so-called base currency i.e. the numerator is quoted in terms of a denominator. The currency whose numerical value is 1 is the base currency, while the other is the quoted currency.
Packages that involve the exchange of more than two currencies against a base currency at
expiration. The basket option buyer purchases the right, but not the obligation, to receive designated ...
This is trading in currency to make a profit in your domestic or base currency. The concept of FOREX is to use a base currency to buy (otherwise known as exchange) a foreign currency, such as US Dollars for UK Pounds.
(1) The current exchange rate for trading a currency in the open market. The rate is expressed as the conversion of foreign into base currency.
(2) The theoretical yield on a zero-coupon Treasury security.
The Bond Fund Volatility Ratings are S & P's current opinion of a fixed income fund's sensitivity to changing market conditions relative to the risk of a portfolio composed of government securities and denominated in the base currency of the fund.
The currency pair tells the reader how many Canadian dollars (the quote currency) are needed to purchase one U.S. dollar (the base currency).
Trading the USD/CAD currency pair is also known as trading the "Loonie".
Indirect Quotation
An exchange rate quotation in which the local currency is the base currency and the foreign currency is the terms currency, eg. GBP/USD in the United Kingdom. (See also Direct Quotation).
 See also: Values, Basket options, Multinational, Exercise price, Multinational corporation
  
|
RSS
