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A currency that trades in markets outside of its domestic borders. “Xeno” is a prefix meaning strange or foreign.
Xenocurrency
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Related Terms
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
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GDP stands for Gross Domestic Product. GDP is the total value of the goods and services produced in a...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
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A central bank intervention occurs when a central bank buys (or sells) its currency in the foreign exchange...
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Currency exchange controls are government restrictions that limit its citizens’ ability to purchase foreign...
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