foreign exchange rate

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Foreign Exchange Rate

Noun:

The foreign exchange rate refers to the rate at which one currency can be exchanged for another.

Example sentences:

The foreign exchange rate between the US dollar and the Euro has been fluctuating for the past week.
It is essential for international travelers to stay updated on the current foreign exchange rates of the countries they plan to visit.

Adjective:

When used as an adjective, foreign exchange rate describes something that relates to or is influenced by the exchange rate between different currencies.

Example sentence:

Due to the global economic crisis, many businesses are facing challenges caused by the volatile foreign exchange rate market.

Related products:

Books about Foreign Exchange Rates

Foreign Currency Converters

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