SLR

DEFINITION of 'SLR'

In currencies, this is the abbreviation for the Sri Lankan rupee.

BREAKING DOWN 'SLR'

The currency market, also known as the foreign-exchange market, is the world's largest financial market, with a daily average volume of more than US$1 trillion.

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RELATED FAQS
  1. How can I invest in a foreign exchange market?

    The foreign exchange market, also called the currency market or forex (FX), is the world's largest financial market, accounting ... Read Answer >>
  2. Why do forex traders use a currency converter?

    All currencies are quoted in pairs - one country's currency against another country's currency. A currency converter is used ... Read Answer >>
  3. What are key economic factors that can cause currency depreciation in a country?

    Read about the causes of currency devaluation, and find out how to differentiate between relative and absolute currency devaluation. Read Answer >>
  4. Can I trade a currency when its main market is closed?

    In the forex market, currencies from all over the world can be traded at all times of the day. The forex market is very liquid, ... Read Answer >>
  5. How are international exchange rates set?

    International currency exchange rates display how much one unit of a currency can be exchanged for another currency. Currency ... Read Answer >>
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    The forex market is a very large market with many different features, advantages and pitfalls. Forex investors may engage ... Read Answer >>
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