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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With C
  5. Cross Rate

Cross Rate

Definition of 'Cross Rate'

An exchange rate between two currencies, usually constructed from the individual exchange rates of the two currencies, measured against the US Dollar, Except for the British Pound, where the US Dollar is measured against Sterling.

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Related Terms

Cross Price Elasticity of DemandAgency Cross BargainSymbiosis (in post-merger integration)TargetFlat RateFloating Rate NoteForward PointsHurdle RateAccrual RateAnnualise Percentage Rate of InterestBusiness RateEquity SwapEuro Floating Rate NoteFinancial Management Rate of ReturnFishers EquationFloating-Rate BorrowingForward Rate of ExchangeInterest Rate Parity of Exchange Rate DeterminationInterest Rate SpreadInternal Rate of Return

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