Base currency

Forex » Forex Dice Major Currency Pairs » USD/JPY » Base currency

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03-06-2008, 08:36 AM

ratan

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Join Date: Mar 2008

Posts: 57

Base currency

For foreign exchange trading, currencies are quoted in terms of a currency pair. The first currency in the pair is the base currency. For example, in a USD/JPY currency pair, the US dollar is the base currency. Also may be referred to as the primary currency.

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