Wortformen:(regular plural) cross rates
( Finance : Foreign exchange )
The dollar's jump was linked initially to a temporary reversal on the busy yen-mark
cross rate that prompted a quick retreat out of the German currency and indirectly boosted the
The cross rate refers to the exchange rate between two currencies, each of which has an exchange
rate quote against a common currency.
A cross rate is an exchange rate of two currencies expressed in a third different currency, such
as the exchange rate between the euro and the yuan expressed in yen.
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