Foreign Exchange

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August 31, 2024 3 min read Definitions
Foreign Currency Cross-Rate: Calculating Exchange Rates Indirectly
Finance Economics Foreign Exchange Exchange Rates Foreign Currency Cross-Rates Forex Trading Currency Conversion
A mechanism whereby an exchange rate can be calculated between two currencies for which no direct rate of exchange exists, using a third common currency like the US dollar.
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August 31, 2024 3 min read Definitions
Indirect Quote: Understanding Foreign Exchange
Finance Economics Foreign Exchange Currency Forex Exchange Rate Indirect Quote Foreign Exchange Market
An in-depth look at the Indirect Quote in foreign exchange, its significance, and application.
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