rate of exchangenoun [ C ]uk /ˌreɪt əv ɪksˈtʃeɪndʒ/ us /ˌreɪt əv ɪksˈtʃeɪndʒ/
› the exchange rate
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(Definition of “rate of exchange” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)
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(the act of) dishonestly taking something that belongs to someone else and keeping it