Variable currency: Difference between revisions
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Revision as of 14:20, 23 October 2012
The variable currency in a foreign exchange quotation is the currency which there is a variable number of. For example in the quotation 1 GBP = 1.4600 USD, the variable currency is USD; meaning the variable number 1.4600 US dollars is exchanged for one British pound.
Also known as the Terms currency.
See also
