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Finance · International Finance

Currency Pair

Noun
US US /ˈkʌrənsi peə/ GB UK /ˈkʌrənsi peə/
Finance International Finance intermediate

Definition

Two currencies quoted relative to each other in the forex market.

Visual Reference

Currency Pair illustration

Detailed Explanation

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Example

Currency Pair affects cross-border transactions, trade, and currency exchange.

In Practice

Also known as: Currency Cross. Closely related to Forex, Exchange Rate.

Video Explanation

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Case Study

Currency Pair - key concept in International Finance.

Word Usage

Forex trading; International payments; Hedging

Finance International Finance

Use Case

Applied in International Finance contexts: Forex trading; International payments

Also Known As

international-finance

Synonyms

Currency Cross

Related Terms

ForexExchange RateBase Currency
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