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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Currency pair

Derivatives
Also called: Base currency, Quote currency

A quote expressing how much of one currency it takes to buy another — USDINR being rupees per dollar, so a rising chart means a weaker rupee.

In plain terms

A ratio, not a price. Every move belongs to one of the two legs, and a stronger dollar worldwide is a different event from a weaker rupee specifically.

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Indian stock market glossary · Market Vidyalaya