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cross-rate

Syllabification: cross-rate

Definition of cross-rate in English:

noun

Finance
An exchange rate between two currencies computed by reference to a third currency, usually the US dollar.
Example sentences
  • For example, most people in Hong Kong, and now in China, can reel off with considerable ease the best deposit accounts, currency cross-rates, and even share prices of popular companies.
  • He says the bank is worried about inflation, but must also watch the climbing dollar, especially the cross-rate against the Australian.
  • He said modelling had looked at factors such as revenue growth, yield and margins in a range of different scenarios in foreign exchange cross-rates, fuel price and demand.

Definition of cross-rate in:

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Word of the day orthoepy
Pronunciation: ˈɔːθəʊɛpi
noun
the correct or accepted pronunciation of words