Home >                  	Term: Currency clause  
Currency clause
A clause in a contract aimed at excluding the risk posed by the devaluation of a currency relating to a particular claim by fixing the applicable exchange rate between this currency and the foreign currency in the terms of the contract.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
 			0   			 		
 Creator
- Harry8L
- 100% positive feedback
(London, United Kingdom)

