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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With D
  5. Dollar Rate

Dollar Rate

Definition of 'Dollar Rate'

When a variable amount of a foreign currency is quoted against one US Dollar, regardless of where the dealer is located or in what currency he is requesting a quote. The exception is the Sterling/US Dollar rate (cable) which is quoted as variable amount of US Dollars to one Sterling.

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Related Terms

Cross RateCABLEInterest Rate SwapReserve CurrencyFlat 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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