Direct Exchange Rate


Direct Exchange Rate
The home currency price of one unit of a foreign currency. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

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  • Exchange rate —   An ISO term. The price at which one currency can be bought with another currency.   ISO Securities Message Types term. The exchange rate between the currencies used and the net proceeds/net amount. 12d.   ISO Standard Telex Formats term. The… …   International financial encyclopaedia

  • reciprocal exchange rate — See direct quote …   Big dictionary of business and management

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  • Exchange — The marketplace in which shares, options and futures on stocks, bonds, commodities and indices are traded. Principal US stock exchanges are: New York Stock Exchange ( NYSE), American Stock Exchange ( AMEX) and the National Association of… …   Financial and business terms

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  • direct quote — reciprocal exchange rate An exchange rate expressed in terms of the number of units of domestic currency corresponding to one unit of the foreign currency. In EU countries, for example, a direct quote for the US dollar might be €0. 63. Compare… …   Big dictionary of business and management

  • Direct Quote — A foreign exchange rate quoted as the domestic currency per unit of the foreign currency. In other words, it involves quoting in fixed units of foreign currency against variable amounts of the domestic currency. For example, in the U.S., a direct …   Investment dictionary

  • Direct-ethanol fuel cell — Direct ethanol fuel cells or DEFCs are a subcategory of Proton exchange fuel cells where the fuel, ethanol, is fed directly to the fuel cell. Contents 1 Advantages 2 Reaction 3 Issues 4 …   Wikipedia