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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)

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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