The implicit exchange rate between two currencies when both are quoted in some third currency is called a(n):

Name: The implicit exchange rate between two currencies when both are quoted in some third currency is called a(n):
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A cross-rate is the exchange rate between two currencies when neither is the official currency in the country where the exchange rate quote is given. It is derived from the respective rates of these currencies against a common third currency.

The Implicit Exchange Rate Between Two Currencies When Both Are