Xenocurrency
A currency that trades in markets outside of its domestic borders. "Xeno" is a prefix meaning foreign or strange. Investopedia Says:
An example of a xenocurrency is the Chinese yuan when it is traded in the United States. When currency is deposited by national governments or corporations in banks outside their home market, it is sometimes referred to as a "eurocurrency" (this applies to any currency and to banks in any country). Related Terms:
China Investment Corporation - CIC
Currency
Currency Basket
Eurobank
Eurocurrency
Forex - FX |