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exchange rate
noun
- the ratio at which a unit of the currency of one country can be exchanged for that of another country.
exchange rate
noun
- the rate at which the currency unit of one country may be exchanged for that of another
Word History and Origins
Origin of exchange rate1
Example Sentences
He changed posts again in May 1972, when Nixon named him treasury secretary, and he became the administration’s point person on international efforts to eliminate fixed exchange rates for currencies.
South America, for instance due to macro issues, exchange rate, etc.
At any point in the last few years, Nigeria’s naira has always had multiple exchange rates.
Air exchange rate ranges from less than one for homes to around 15-25 for hospital operating rooms.
“Farmers are trying to reduce the uncertainties, and the foreign exchange rate is one of them,” Safras analyst Luis Fernando Roque said.
In just a few hours on Tuesday, the dollar exchange rate collapsed from 64 to 80 rubles before climbing back to about 68.
On Wednesday, it fell to another record low exchange rate of 54.8 to the dollar.
Can he get rid of the corrupt multiple exchange rate system and tame inflation?
On the black-market, Iranian moneylenders peg the real exchange rate far higher, at more than 35,000 rials per dollar.
The ads feature items priced in Chinese yuan, which at current exchange rate come out to between $64 and $237.
England was able for a long time to keep up her exchange rate in New York.
The IMF regularly monitors exchange rate policies, the general economic situation and other economic policies.
This exchange rate was valid only for commercial transactions.
They hammered the exchange rate down and bought silver, then boosted the rate skyward and sold.
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