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