Cross Rate – Forex Economic Dictionary

Forex Economic Dictionary
Economic Dictionary

Cross Raterate of one currency to another, calculated in U.S. dollar. These currencies are not the official ones in the country, in which the exchange rate quote is given. However, the term cross rate could be also used for currency quotes, which do not involve the U.S. dollar, irrespective of the country where the quote is provided.

Like this post? Please share to your friends:
ForexZig - Professional forex trading