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Definition of Exchange rate
1. Noun. The charge for exchanging currency of one country for currency of another.
Definition of Exchange rate
1. Noun. (economics finance) The amount of one currency that a person or institution defines as equivalent to another when either buying or selling it at any particular moment ¹
2. Noun. (economics finance) The rate at which one currency can be exchanged for another, usually expressed as the value of the one in terms of the other. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Exchange Rate
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