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Home > QFINANCE Dictionary > Definition of exchange rate

Definition of

exchange rate

Currency & Exchange

rate for converting one currency to another the rate at which one country's currency can be exchanged for that of another country

Recommended Further Reading (Term count)
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Definitions of ’exchange rate’ and meaning of ’exchange rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’exchange rate’ and other financial terms with our online QFINANCE Financial Dictionary.

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