exchange rate
Definition
Rate at which one currency may be converted into another. also called rate of exchange or foreign exchange rate or currency exchange rate.
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Related Terms
dollar terms, European Terms, currency risk, dual currency bond, European Monetary System, floating exchange rate, pegging, soft currency
'exchange rate
' appears in the definitions of these terms on BusinessDictionary.comInternational Monetary Fund (IMF), exchange rate mechanism (ERM), Bretton Woods system, crawling peg system, pegging, and 
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