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Cross rates

Business Cross defaultCrossed market

cross rates
in foreign exchange, determining the exchange rate between a domestic currency and a foreign currency by comparing the exchange rates of each with another foreign currency.
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Cross rates
The exchange rate between two currencies expressed as the ratio of two foreign exchange rates
that are both expressed in terms of a third currency.
Cross-border risk ...

Cross Rates (Foreign Exchange):
Foreign Exchange values between major trading counties-currencies traded in futures markets around the world. Financial Institutions and corporate treasurers can hedge currency risk.
Currency Options: ...

Cross Rates
An exchange rate between two currencies. The cross rate is said to be non-standard in the country where the currency pair is quoted.

See also: Net present value, Banks, Corporate finance, Interest rate swap, Currency risk

Business Cross defaultCrossed market

 
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