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quote currency

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Financial Dictionary

Quote Currency

In forex, it's the second currency quoted in a currency pair. It is sometimes referred to as the secondary currency.

Investopedia Commentary

For example, if you were looking at the CAD/USD currency pair, the U.S. dollar would be the quote currency and the Canadian dollar would be the base currency.

Related Links

Forces Behind Exchange Rates
A Primer On The Forex Market
Floating And Fixed Exchange Rates

See also: Base Currency, Currency, Exchange Rate, Forex

Also spelled: Secondary Currency

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