Currency Definition

 

Currency is the money type in which shares of an investment are bought and sold. This is not necessarily the same currency in which this investment purchases securities. For example, an international mutual fund bought in the United States is traded in dollars ($), however the mutual fund may own many different international securities, spanning several currencies. The assigned currency for such an investment is still dollars ($), since that is the currency in which the investment is bought and sold by an investor.

See Also

Currency Settings Dialog

Tutorial on Currency Setup

 


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