Xenocurrency Term category: Economics In 10 words or less: A foreign currency traded outside of its home country.
Definition: Xenocurrency refers to foreign currencies traded in other countries. So, for example, the Chinese Yuan is a xenocurrency when it's traded in the United States.
US, China Wrestle with Relations This article gives a brief overview of the current situation surrounding US-China relations and the recent depegging of the yuan currency.