The EUR is growing in importance as a reference currency and in the FX dealing convention, all other major currencies are quoted against it.

随着欧元作为参照货币的交易量在外汇市场的逐渐增长，其他主要货币也与欧元汇兑报价。

youdao

The currency used as the basis for an exchange rate, eg. A foreign currency rate of exchange is quoted per single unit of the base currency.

汇率报价中作为基础的货币，即报价表达形式为每一个单位的货币可兑换多少的另一种货币。

youdao

Under the direct quotation method, the rates are quoted in terms of a variable number or home currency per fixed foreign currency unit.

按照直接标价法，汇率标价是以一定单位的外国货币为标准，折算为一个随着汇率变动而变动的本国货币数额。

youdao

Indeed, all this proposal really does is fix the price of a particular commodity quoted in a particular currency.

FORBES: Connect