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Definition of

closing rate

Currency & Exchange

exchange rate at end of accounting period the exchange rate of two or more currencies at the close of business at the end of an accounting period, for example, at the end of the fiscal year

Definitions of ’closing rate’ and meaning of ’closing rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’closing rate’ and other financial terms with our online QFINANCE Financial Dictionary.

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