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Concept information

... > social science subjects > business and management > international business > international finance > international monetary system > market-basket currency
... > social science subjects > business and management > finance > international finance > international monetary system > market-basket currency
... > social science subjects > business and management > finance > monetary systems > international monetary system > market-basket currency
... > social science subjects > economics > macroeconomics > monetary theory > monetary systems > international monetary system > market-basket currency

Preferred term

market-basket currency  

Definition

  • A market-basket currency is a form of money (medium of exchange) whose value is determined as a weighted average of the value of other currencies. The term is often confused with the term currency basket, which is actually the group of selected currencies. [Source: Encyclopedia of Business in Today's World; Market-Basket Currency]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-FH9FD77V-1

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