exchange rate
DefinitionRate 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
dual currency bond, European Monetary System, floating exchange rate, pegging, soft currency, cable, Cambist, ceiling, exchange rate risk, forward exchange rate and
exchange rate appears in these other terms
European Exchange Rate mechanism
exchange rate appears in the definitions of these other terms on BusinessDictionary.com
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