- a speculative transaction in which a trader buys the currency of a country with a high rate of interest and sells the currency of a country with a low rate of interest
More Definitions
- BALLOON TIRE (noun) Definition, Meaning & Examples
- CARTILAGE (noun) Definition, Meaning & Examples
- PAEDIATRICS (noun) Definition, Meaning & Examples
- MöRIKE (noun) Definition, Meaning & Examples
- NEOMYCIN (noun) Definition, Meaning & Examples
- CREDIT UTILIZATION RATIO (noun) Definition, Meaning & Examples
