Meaning of “trade-weighted” in the English Dictionary

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"trade-weighted" in Business English

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trade-weightedadjective

uk us ECONOMICS, FINANCE, COMMERCE

used to describe the value of a country's currency in relation to its exports to other countries. When the value of a country's currency increases, its exports become more expensive in other countries. When the value goes down its exports become less expensive:

The yen has been the strongest currency over the past six years: its trade-weighted index is about 35% higher.

(Definition of “trade-weighted” from the Cambridge Business English Dictionary © Cambridge University Press)