What is Vehicle Currency?


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Vehicle Currency :
The International Foreign Exchange Market is an aggregate of individual markets
operating in each country.

At the start of every trading day, the value of the domestic currency in each country is
locally established against any one, major, universally accepted, international / foreign
currency such as USD, GBP EUR, etc. This currency is called the ‘vehicle currency’ for
that domestic currency.


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MT UVA BMS

MT UVA- University, Vocational and Affiliated Education for BMS

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