| 单词 | cross rate |
| 释义 | cross rate in Finance (krɔs reɪt) Word forms: (regular plural) cross rates noun (Finance: Foreign exchange) 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. The dollar's jump was linked initially to a temporary reversal on the busy yen-markcross rate that prompted a quick retreat out of the German currency and indirectly boosted thedollar. The cross rate refers to the exchange rate between two currencies, each of which has an exchangerate quote against a common currency. A cross rate is an exchange rate of two currencies expressed in a third different currency, suchas the exchange rate between the euro and the yuan expressed in yen. |
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