foreign exchange

Definition

Instruments, such as paper currency, notes, and checks, used to make payments between countries.

Use foreign exchange in a sentence

The foreign exchange rate for that extremely poor country has a way lower rate than that of our own country

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You need to always shop around for the best possible rates any time that you will be making a big foreign exchange.

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The current foreign exchange rate between the dollar and the euro is becoming even so that I get just about my moneys worth for each euro that I buy with my dollars.

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currency certificate International Capital Asset Pricing Model (CAPM)