foreign exchange

foreign exchange
1PEC [uncountable] used to talk about buying and selling foreign money
foreign exchange markets/rates/transactions etc
The dollar is expected to fall in the foreign exchange markets.
2PEC [uncountable] foreign money, especially money obtained by selling goods to a foreign country:
foreign exchange earned through exports
3 also exchange [countable] an arrangement through which a student exchanges homes, schools etc with a student from another country for a particular length of time, especially in order to learn a language:
The school organizes a foreign exchange to France.

Explore CURRENCIES Topic

Word of the Day
The CURRENCIES Word of the Day is:

Other related topics