cross-rate
noun[C]
ukusFINANCE
therateat whichcurrencyfrom onecountrycan beexchangedforcurrencyfrom anothercountry, that iscalculatedbycomparingthevalueof each to thevalueof thecurrencyof a thirdcountry,especiallythe USdollar:
In USmarkets, ayen/euroratewould be a cross-rate, but in Tokyo or Frankfurt, it would be one of theprimarycurrencyrelationshipstraded.
ThistableshowsliveFX cross-ratequotesin a customizablegrid.