Inicio > Term: cross rate
cross rate
An exchange rate between two currencies arrived at by dividing each currency's exchange rate by a third rate. For example, the two rates CHF/USD 1.4500 and EUR/USD 0.7600 result in a cross rate of 1.5132 for the CHF/EUR pair.
- Parte del discurso: noun
- Industria/ámbito: Banca
- Categoría: Banca de inversión
- Company: UBS
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Creador
- Stefan K
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