Otsekurss
Otsekurss is an Estonian term referring to a financial mechanism or market related to currency exchange rates, especially in the context of the Estonian economy. The word combines "otse," meaning direct, and "kurss," meaning rate or exchange rate. Otsekurss can be understood as a direct or official currency exchange rate, often set or managed by a central bank or financial authority.
Historically, Otsekurss has played a significant role in Estonia’s monetary policy, especially during periods when the
In modern usage, Otsekurss may refer to the official exchange rates published by the Eesti Pank (Bank
The term can also be associated with currency exchange services, where "otsekurss" indicates the rate offered
Overall, Otsekurss reflects the official or direct currency exchange rate framework in Estonia, important for economic