against the currency basket

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• Currency basket — The value of a portfolio of specific amounts of individual currencies, used as the basis for setting the market value of another currency. It is also referred to as a currency cocktail. The New York Times Financial Glossary * * *    A bundle of… …   Financial and business terms

• currency basket — The value of a portfolio of specific amounts of individual currencies, used as the basis for setting the market value of another currency. It is also referred to as a currency cocktail. Bloomberg Financial Dictionary * * *    A bundle of foreign… …   Financial and business terms

• Currency War of 2009–2011 — The Currency War of 2009–2011 is an episode of Competitive devaluation which became prominent in September 2009. Competitive devaluation involves states competing with each other to achieve a relatively low valuation for their own currency, so as …   Wikipedia

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• currency — money. Bloomberg Financial Dictionary The currency that the security is traded in. London Stock Exchange Glossary * * * currency cur‧ren‧cy [ˈkʌrənsi ǁ ˈkɜːr ] written abbreviation cur noun currencies PLURALFORM …   Financial and business terms

• Basket Of USD Shorts — A forex trading strategy that involves the sale of the U.S. dollar against a group of currencies, rather than against a single currency. The currency group involved in such a trading strategy is called a basket. This strategy would typically be… …   Investment dictionary

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• basket of currencies — ˌbasket of ˈcurrencies noun baskets of currencies PLURALFORM [countable usually singular] FINANCE a group of currencies against which the value of another currency is measured: • The yen s exchange rate against a basket of currencies has fallen… …   Financial and business terms

• Argentine Currency Board — The Argentine Currency Board pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth. While it initially met with considerable success, the board s actions… …   Wikipedia