From Longman Business Dictionarytrade-weighted indexˈtrade-weighted ˌindex [countable usually singular]ECONOMICS an index showing the value of a country’s currency in relation to the currencies of a group of countries with which it trades. In the index, each country’s currency is given an importance in relation to the amount of trade it doesThe trade-weighted index measures the Australian dollar’s value against a basket (=group) of 24 currencies. → index
