basket of currencies — ˌbasket of ˈcurrencies noun baskets of currencies PLURALFORM [countable usually singular] FINANCE a group of currencies against which the value of another currency is measured: • The yen s exchange rate against a basket of currencies has fallen… … Financial and business terms
Basket of Currencies — Those currencies which together determine the value of the European Currency Unit (ECU). Each currency in the basket is weighted according to its country s gross national product (GNP), trade, and short term credit quotas. Part of the European… … Glossary of the European Union and European Communities
basket of currencies — collection of various foreign currencies and their current value … English contemporary dictionary
basket of currencies — A group of selected currencies used to establish a value for some other unit of currency … Big dictionary of business and management
basket of currencies — noun a mixture of foreign currencies, combined to produce a single unit of value which can be used as an index …
basket of currencies — /ˌbɑ:skɪt əv kʌrənsiz/ noun a group of other currencies used to establish the value of a particular unit of currency … Marketing dictionary in english
basket of currencies — /ˌbɑ:skɪt əv kʌrənsiz/ noun same as currency basket … Dictionary of banking and finance
basket — ► NOUN 1) a container for holding or carrying things, made from interwoven strips of cane or wire. 2) Basketball a net fixed on a hoop, used as the goal. 3) a group, category, or range: a basket of currencies. ORIGIN Old French … English terms dictionary
basket — [[t]bɑ͟ːskɪt, bæ̱s [/t]] baskets 1) N COUNT A basket is a stiff container that is used for carrying or storing objects. Baskets are made from thin strips of materials such as straw, plastic, or wire woven together. ...big wicker picnic baskets… … English dictionary
Basket options — 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 currencies in exchange for a base currency, either at … Financial and business terms
basket options — 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 currencies in exchange for a base currency, either at … Financial and business terms
