Are you talking about the benchmark currency? rnThe currency to which another currency is compared. For example, the dollar is the base currency when the euro is quoted at .80 euros to the dollar. The euro becomes the base currency if the quotation is 1.25 dollars to the euro.
Are you talking about the benchmark currency? rnThe currency to which another currency is compared. For example, the dollar is the base currency when the euro is quoted at .80 euros to the dollar. The euro becomes the base currency if the quotation is 1.25 dollars to the euro.