👉 The term "yender" is a financial term that refers to an index or benchmark used in the context of currency exchange rates. It is commonly used in international trade and investment, particularly in commodity markets such as gold and oil. In essence, a "yender" is a measure of the relative value of currencies against each other, with the YEN (Japanese yen) being one of the most common examples. The YEN is based on a fixed exchange rate that fluctuates between 1
