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Forex question In forex, what is the meaning of quoted currency?
avatar Stallion
Question by: Stallion - 18 Feb 2013, 05:06:59
In forex, what is the meaning of quoted currency?
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Answers (1)
avatar user 859
Answer by: Carly - 19 Feb 2013, 04:55:12

The second currency quoted in a currency pair in forex. In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic currency.

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