foreign exchange Meaning in the Cambridge English Dictionary

Meaning of “foreign exchange” in the English Dictionary

"foreign exchange" in British English

See all translations

foreign exchangenoun [C usually singular]

uk   us  
the ​system by which the ​type of ​money used in one ​country is ​exchanged for another country's ​money, making ​internationaltradeeasier: On the foreign-exchange ​markets the ​poundremainedstrong.
(Definition of foreign exchange from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"foreign exchange" in Business English

See all translations

foreign exchangenoun

uk   us   ( abbreviation forex) FINANCE
[U] the ​buying and ​selling of ​currencies: foreign exchange controls/intervention/restrictions The ​removal of ​foreignexchangecontrolsallowedresidents to ​purchase and ​holdforeigncurrencylegally.foreign exchange trading/sales/transactions Hong Kong is one of the largest ​centres for ​foreignexchangetrading.
[U] money that you get when you ​sell one ​currency and ​buy another: foreign exchange earnings/gains/losses The country's ​tourismindustryaccounts for 50% of its ​foreignexchangeearnings.
(also foreign exchange market) a ​financialmarket in which ​foreigncurrencies are ​bought and ​sold: in/on the foreign exchanges The ​pound had a better day on the ​foreignexchanges, ​gaining more than a ​cent to $1.5828 against the ​dollar.
(Definition of foreign exchange from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “foreign exchange”
in Chinese (Simplified) 国际汇兑…
in Chinese (Traditional) 國際匯兌…
What is the pronunciation of foreign exchange?
Add Cambridge dictionaries to your browser to your website

“foreign exchange” in British English

“foreign exchange” in Business English

Word of the Day


someone who tries to help two groups who disagree to reach an agreement with each other, usually as a job

Word of the Day

Tree huggers and climate change deniers
Tree huggers and climate change deniers
by Colin McIntosh,
October 08, 2015
The climate debate is one that has predictably generated a large amount of new vocabulary, some of it originally specialized scientific terminology that has been taken up by the media and is now common currency. Some of these terms are new additions to the Cambridge English Dictionary. The two opposing sides in

Read More 

climate justice noun
climate justice noun
October 12, 2015
the holding to account of those responsible for climate change and reparation for those most affected by it I just finished reading the pope’s message to the world on climate justice.I feel energized and have joined a group of people at my church, St. Joseph University Parish, who feel the same.

Read More