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International Exchange of Money

Exchange Rate

Exchange Rate

In finance, an exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies is the rate at which one currency will be exchanged for another.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Currency News."
    http://www.currencynews.ws/ Currency News CC BY.

Related Terms

  • floating exchange rate
  • exchange rate
  • fixed exchange rate
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