1) Currency 
A currency basket is a portfolio of selected currencies with different weightings. A currency basket is commonly used to minimize the risk of currency fluctuations. An example of a currency basket is the European Currency Unit that was used by the European Community member states as the unit of account before being replaced by the euro. Another ex...
A group of two or more currencies that may be used as a unit of account, or to which another currency may be pegged.
The value of a portfolio of specific amounts of individual currencies, used as the basis for setting the market value of another currency. It is also referred to as a currency cocktail. 
Taking advantage of divergences in exchange rates in different money markets by buying a currency in