May 24, 2016
Base Currency
For foreign exchange the base currency refers to the first currency in a currency pair. For example, in a EUR/USD currency pair, the EUR is the base currency. Also may be referred to as the primary currency.
For foreign exchange the base currency refers to the first currency in a currency pair. For example, in a EUR/USD currency pair, the EUR is the base currency. Also may be referred to as the primary currency.