A currency of a country that maintains an economy strongly related to the price fluctuations of a certain commodity. An example of this currency is the strong tie between Canada's economy and its tie to the price of oil which affects the price of the Canadian dollar.
Related information about commodity block currency:
- Commodity Block Currency Definition | Investopedia
A currency that belongs to a country whose economy is strongly correlated with the price fluctuations of a certain commodity.
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A currency with foreign exchange price movements that strongly correlate to the movements of a single commodity. This happens when the economy of the ...
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- What is commodity block currency? definition and meaning
Definition of commodity block currency: A currency of a country that maintains an economy strongly related to the price fluctuations of a certain commodity.
- Commodity currency: Definition from Answers.com
Commodity Block Currency A currency that belongs to a country whose economy is strongly correlated with the price fluctuations of a certain commodity.
- What is Commodity agreement? Definition and meaning
Commodity Block Currency. •. Commodity Channel Index. •. Commodity contract. •. Commodity Futures. •. Commodity Futures Trading Commission (CFTC) ...
- XForex Glossary beginning with C | XForex Partners
A Commodity Block Currency is a currency that is highly affected by the price flux of a single commodity. Commodity Pairs. Commodity Pairs are pairs of ...