exchange rate
Noun
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Noun
exchange rate (plural exchange rates)
- (economics, finance) The amount of one currency that a person or institution defines as equivalent to another when either buying or selling it at any particular moment
- (economics, finance) The rate at which one currency can be exchanged for another, usually expressed as the value of the one in terms of the other.
- French: taux de change, cours de change
- German: Wechselkurs
- Italian: tasso di cambio
- Portuguese: taxa de câmbio
- Russian: курс обме́на
- Spanish: tipo de cambio
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.004