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Asian Currency Units (ACU)
The financial definition for
Asian Currency Units (ACU)
:
Dollar deposits held in Singapore or other Asian centers.
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Artificial currency
Artificial currency
A currency substitute, e.g., special drawing rights (SDRs).
Base currency
Base currency
Applies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.
Blocked currency
Blocked currency
A currency that is not freely convertible to other currencies due to exchange controls.
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Asian Currency Units (ACU)
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