basket of currencies
noun[C]
ECONOMICS,FINANCEukusagroupof differentcurrenciesthat are used by somecountriestocalculatethevalueoftheirowncurrency:
Thedollariscurrentlytradingat a 12-yearlowagainst abasketofcurrencies.
Examplesofbasket of currencies
basket of currencies
Since that time, abasketofcurrenciesis taken (see above) and the pa anga has continuously declined.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The treaty explicitly limits the backing assets of thebasketofcurrenciesto financial securities denominated in the respective currencies of the member states.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.A currency board is a second tier solution, where the exchange rate of the currency is fixed to that of another country, or abasketofcurrencies.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.That is, there could be periods when a country's exchange rate would be fixed against another currency or abasketofcurrencies.
From theCambridge English Corpus
Its rate against a relevantbasketofcurrenciesis also faltering.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
I am afraid of what will happen if the unit of account is revised on the basi of abasketofcurrenciesbecause the.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
We get a security in the sense of abasketofcurrencies.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Many people feel that we would be comfortable with a lower pound against thebasketofcurrencies, possibly against the dollar as well.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Surely, the fact that the system is now based on the wholebasketofcurrencieswill ensure that further distortions do not take place.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
I do not like abasketofcurrencies.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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