foreign exchange rate

Definition

Rate at which one currency may be converted into another. also called rate of exchange or exchange rate or currency exchange rate.

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The foreign exchange rate was very strange to me and I needed some help figuring it all out for myself.

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If you will be doing business in other countries you need to find a way to get the best foreign exchange rate that you can.

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The foreign exchange rate currently realized by United States travelers abroad has made a variety of foreign destinations significantly more affordable.

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Quotation American Terms principal exchange rate linked securities (PERLS)