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Definition of Foreign exchange
1. Noun. The system by which one currency is exchanged for another; enables international transactions to take place.
Definition of Foreign exchange
1. Noun. The exchange of currency from one country for currency from another country. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Foreign Exchange
Literary usage of Foreign exchange
Below you will find example usage of this term as found in modern and/or classical literature:
1. Principles of Economics by Frank William Taussig (1915)
"by abnormal foreign exchange, but really by the slow process of adjustment in
... Of the causes of fluctuations in foreign exchange under such conditions, ..."
2. China: Progress and Reform Challenges (2003)
"foreign exchange arrangements China's currency regime The ren min bi The ren min
bi (people's currency) has been the official currency of the People's ..."
3. The Ways and Means of Payment: A Full Analysis of the Credit System, with by Stephen Colwell (1859)
"Fallacy of regarding foreign exchange as a criterion of domestic currency—Foreign
exchange is simply tlie process of paying and receiving debts of foreign ..."
4. Encyclopaedia Britannica: A Standard Work of Reference in Art, Literature (1907)
"When a sudden alteration takes place in foreign exchange, nothing is more ...
been prolonged by the usage of bankers and other dealers in foreign exchange, ..."