G10 currencies

From HandWiki - Reading time: 1 min

Short description: 10 of the most heavily traded currencies in the world

The G10 currencies are ten of the most heavily traded currencies in the world, which are also ten of the world's most liquid currencies. Traders regularly buy and sell them in an open market with minimal impact on their own international exchange rates.

The origin of the term G10 currencies is not clear, however it may be derived from the G10 countries and their agreement to participate in the IMF General Arrangements to Borrow (GAB). There is no longer a one-to-one match between the G10 currencies and the G10 countries.

The G10 currencies are:[1][2][3]

In some banking circles, reference is made to the G11 currencies, which are the G10 currencies plus the Danish krone (DKK).

References




Licensed under CC BY-SA 3.0 | Source: https://handwiki.org/wiki/Finance:G10_currencies
13 views | Status: cached on March 14 2024 00:03:37
↧ Download this article as ZWI file
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF