Base currency and GABV: Difference between pages

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1.
''Ethics - governance - banking.''


The base currency in a foreign exchange rate quotation is the currency which there is one of.
The Global Alliance for Banking on Values, headquartered in Amsterdam, The Netherlands.


For example in the quotation 1 GBP = 1.4600 USD, the base currency is GBP; meaning one British pound is exchanged for a variable number of USD, depending on the rate quoted.


Also known as the Reference currency or the Fixed currency.
== See also ==
* [[Global Alliance for Banking on Values]]
* [[Governance]]
* [[Social and relationship capital]]
* [[Value]]
* [[Values in action]]
* [[Wellbeing]]


2.


Generally it means the currency to which other currencies are compared.
==External link==
In a multicurrency liquidity arrangement, refers to the currency in which the master account is denominated and to which all other currencies are converted.
*[https://www.gabv.org/%20about-us/ Global Alliance for Banking on Values - about us]


The base currency also serves as the basis for all interest rate calculations.
[[Category:The_business_context]]
 
[[Category:Ethics]]
== See also ==
* [[Functional currency]]
* [[Indirect quote]]
* [[Variable currency]]

Latest revision as of 08:51, 3 February 2022

Ethics - governance - banking.

The Global Alliance for Banking on Values, headquartered in Amsterdam, The Netherlands.


See also


External link