Currency basket: Difference between revisions
Appearance
Content deleted Content added
m r2.7.1) (robot Adding: be-x-old:Кошык валют, pl:Koszyk walutowy |
|||
Line 15: | Line 15: | ||
{{Econ-stub}} |
{{Econ-stub}} |
||
[[be-x-old:Кошык валют]] |
|||
[[de:Währungskorb]] |
[[de:Währungskorb]] |
||
[[he:סל מטבעות]] |
[[he:סל מטבעות]] |
||
[[pl:Koszyk walutowy]] |
|||
[[zh:一篮子货币]] |
[[zh:一篮子货币]] |
Revision as of 12:53, 6 June 2011
A currency basket is a portfolio of selected currencies with different weightings. A currency basket is commonly used to minimize the risk of currency fluctuations.[1] An example of a currency basket is the European Currency Unit that was used by the European Community member states as the unit of account before being replaced by the euro.[2] Another example is the Special Drawing Rights of the International Monetary Fund.
See also
References
- ^ "Currency Basket". Investopedia. Retrieved 18 September 2010.
- ^ Kent, Penelope (2008). Law of the European Union. Pearson Education. p. 258. ISBN 9781405835268. Retrieved 19 September 2010.