Glossary › currency
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
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