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Reciprocal of European Terms

Reciprocal of European Terms

Definition

One method of quoting exchange rates, which measures the U.S.

dollar value of one foreign currency unit, i.e., U.S.

dollars per foreign units.

See European Terms.

Related Terms

Other terms related to 'Reciprocal of European Terms' starting with the letter 'R'

Reserve Requirements, Resumption, Runners, Reverse Crush Spread, Range Price

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