Basket - Definition

Group of currencies (as opposed to a single currency) normally used to anchor / managing the exchange Rate to another currency.



Terms near "Basket"

BBD
BDT
Bear (ish)
Bear Market
Bear Put Spread
Best Practices
BGN
BHD
Bid Price
BIF
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Basket - Related articles & news

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Top 5 factors that affect exchange rates ...

There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...

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