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Tag: Exotic Currency Pairs

“Exotic” currency pairs in Forex

Exotic pairs are crosses between two currencies with the base currency representing a developed economy and the quote currency representing an emerging economy. Some examples include EUR/TRY (Euro vs Turkish Lira), USD/ZAR (US Dollar vs South African rand), USD/MXN (US Dollar vs Mexican Peso), USD/CZK (US Dollar vs Czech koruna),