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Definition of

cross rate

Currency & Exchange

exchange rate of two currencies against third currency the rate of exchange between two currencies expressed in terms of the rate of exchange between them and a third currency, for example, sterling and the peso in relation to the dollar.

Related definitions of "cross rate"

Definitions of ’cross rate’ and meaning of ’cross rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’cross rate’ and other financial terms with our online QFINANCE Financial Dictionary.

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