foreign exchange Definition in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “foreign exchange” - English Dictionary

Definition of "foreign exchange" - British English Dictionary

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 Learners Dictionary & Thesaurus © Cambridge University Press)

Definition of "foreign exchange" - Business English Dictionary

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
Word of the Day

forage

to go from place to place searching, especially for food

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More