foreign exchange
commercial paper drawn on a person or corporation in a foreign nation. Abbreviation: FX
the process of balancing accounts in commercial transactions between business organizations of different nations. Abbreviation: FX
Origin of foreign exchange
1Words Nearby foreign exchange
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use foreign exchange in a sentence
Because it opens up flows of foreign exchange and encourages investment in local infrastructure, tourism is often touted as a route to prosperity and stability for struggling countries.
Climate Change Won't Kill Tourism, But the Industry Is in for a Painful Reckoning | Ciara Nugent | August 18, 2021 | TimeIf you want to send money to someone living in another country, traditional retail banks charge a lot in foreign exchange fees, foreign transaction fees, etc.
Tourism is the largest industry, employing 800,000 people, and is the country’s main source of foreign exchange.
The COVID-19 Pandemic May Be the Hardest Mountain Nepal's Sherpas Have Ever Had to Climb | Rojita Adhikari / Everest South Base Camp and Kathmandu | May 21, 2021 | TimeIt has built up foreign exchange reserves of more than $180 billion, placing it at No.
The only way to solve the Israeli-Palestinian problem | Fareed Zakaria | May 20, 2021 | Washington PostGlobal travel restrictions have shut down the island’s tourism sector – the primary market for the businesses run by self-employed Cubans and a crucial source of foreign exchange for the government.
Cuba Is Opening Up Its Economy. But Don't Call It a Shift to Capitalism Just Yet | Ciara Nugent | February 9, 2021 | Time
“They get paid for their oil in dollars,” said David Solin, a partner at foreign exchange Analytics in Essex, Connecticut.
Did Russia Just Dump a Huge Amount of U.S. Government Bonds? | Daniel Gross | March 20, 2014 | THE DAILY BEASTEven the big name foreign-exchange traders, usually among the most risk-prone, are feeling fearful.
Wall Street’s Biggest Players Avoiding Bets on Eurozone Financial Crisis | Alex Klein | July 7, 2012 | THE DAILY BEASTOur exports again exceed our imports, and foreign exchange is at 7-1/4 in gold, or two per cent below par.
It was in vain to talk to him of the rates of foreign exchange in the mystic jargon of the Bourse.
These were established to deal with foreign exchange and to facilitate trade with other countries.
It is quite in order that we should follow lessons on the clearing-house and commercial drafts with a lesson on foreign exchange.
Up To Date Business | VariousCotton was gold, foreign exchange, individual wealth, national solvency.
Miss Ravenel's conversion from secession to loyalty | J. W. de Forest
British Dictionary definitions for foreign exchange
the system by which one currency is converted into another, enabling international transactions to take place without the physical transportation of gold
foreign bills and currencies
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cultural definitions for foreign exchange
The ways in which debts between two nations that use different currencies are paid. Foreign exchange rates can have an important effect on a nation's economy, because the value of its currency in other countries affects the cost of both imported and exported goods and services. (See balance of payments.)
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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