Xenocurrency

posted on 06-06-2019

What it is:

Xenocurrency is a currency that trades in foreign markets.

How it works/Example:

For example, Euros trade in American markets, making the Euro a xenocurrency.

Why it matters:

Xenocurrency is basically foreign currency. The world is full of xenocurrencies thanks to a variety of robust capital markets.

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Submitted by Anonymous on Thu, 06/06/2019 - 07:22

Xenocurrency

What it is:

How it works/Example:

Why it matters:

Related Terms