Translations for „third currency“ in the English » German Dictionary

third currency N FINMKT

Specialized Vocabulary

third currency

Drittwährung f

Monolingual examples (not verified by PONS Editors)

English

He then proceeded to announce the issuing of a third currency (alongside with the peso and the dollar) to boost consumption.

en.wikipedia.org

A triangular arbitrage strategy involves three trades, exchanging the initial currency for a second, the second currency for a third, and the third currency for the initial.

en.wikipedia.org

The ability of renminbi account holders to denominate, settle and clear transaction with parties conducting businesses in renminbi minimizes exposure to exchange rate fluctuations of a third currency.

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