currency pair


currency pair
currency pair ˈcurrency ˌpair noun [countable]
FINANCE the relationship between the value of two different currencies which are being bought and sold on a foreign exchange market:

• By far the most actively traded currency pair is euro/​dollar ( EUR/​USD), accounting for 28 percent of daily global volume.

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currency pair UK US noun [C]
FINANCE two particular currencies that are bought and sold: »

The EUR/USD is the most heavily traded currency pair in the world.

Compare BASE CURRENCY(Cf. ↑base currency)

Financial and business terms. 2012.

Look at other dictionaries:

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