Home >                  	Term: Foreign currency clause  
Foreign currency clause
A clause aimed at removing the risk (with regard to a particular claim) of a devaluation of one's own currency, by designating a fixed ratio or exchange rate between this currency and the foreign currency.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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 Creator
- Harry8L
- 100% positive feedback
(London, United Kingdom)

