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trade-weighted

adjective

  • (British English) trade-weighted index
    índice (masculine) ponderado según la balanza comercial
    Example sentences
    • After the financial crisis, the trade-weighted exchange rate was allowed to fluctuate within a wide range.
    • And the dollar is still off by only 15% from its peak three years ago, according to the Federal Reserve's trade-weighted, inflation-adjusted index.
    • Against a Federal Reserve trade-weighted index of the currencies of major trading partners, adjusted for inflation, it has fallen 24% from its most recent peak three years ago.

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    Word of the day doofus
    Pronunciation: ˈduːfʌs
    noun
    a stupid person
    Cultural fact of the day

    onces

    In some Andean countries, particularly Chile, onces is a light meal eaten between five and six p.m., the equivalent of "afternoon tea" in Britain. In Colombia, on the other hand, onces is a light snack eaten between breakfast and lunch. It is also known as mediasnueves.