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Trading glossary · markets

currency

The money a country uses, like the rupee, dollar, euro or yen.

The fuller meaning

A country's or region's money. In forex, currencies trade in pairs, driven largely by interest-rate differences, growth and risk mood. The account's currency matters when sizing across markets: the same 1% risk is a different number in rupees, dollars or yen.

currency.

Related words

24/7 market · after-hours · Asian session · ask · base currency · bid · bid-ask spread · Bitcoin · BSE · business income