Central Rate

Business, Legal & Accounting Glossary

Definition: Central Rate


Central Rate


Full Definition of Central Rate


The interest rate set by each of the European member states using the Euro as a currency. Because the economies of the member states influence the value of the Euro, the central rate for each member must fall within a set range.


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https://payrollheaven.com/define/central-rate/
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Central Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/central-rate/.
Chicago Manual of Style (CMS):
Central Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/central-rate/ (accessed: March 28, 2024).
American Psychological Association (APA):
Central Rate. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/central-rate/

Definition Sources


Definitions for Central Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.