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Meaning of “basket of currencies” in the English Dictionary

"basket of currencies" in Business English

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basket of currenciesnoun [C]

uk   us   ECONOMICS, FINANCE
a group of different currencies that are used by some countries to calculate the value of their own currency: The dollar is currently trading at a 12-year low against a basket of currencies.
(Definition of basket of currencies from the Cambridge Business English Dictionary © Cambridge University Press)
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