offshore exchange rate


In cases where the value of a currency is regulated by government, the exchange rate available for a currency beyond the control or jurisdiction of the government. When governments choose to artificially raise or lower the value of a currency, the offshore exchange rate can vary greatly from the government-approved exchange rate for that currency.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
offshore company offshore financial subsidiary