exchange ratenoun [ C ]
uk/ɪksˈtʃeɪndʒ ˌreɪt/us/ɪksˈtʃeɪndʒ ˌreɪt/also rate of exchangeB1 the rate at which the money of one country can be changed for the money of another country
Examples
- The Central Bank intervened in the currency markets today to try to stabilize the exchange rate.
- She programmed the computer to calculate the exchange rate in twelve currencies.
Thesaurus: synonyms and related words
Banks
- bank
- banking
- building society
- central bank
- clearing house
- credit
- credit union
- deposit
- e-bank
- financial services
- foreign exchange
- gnome
- merchant bank
- pay
- personal identification number
- rate of exchange
- savings and loan association
- statement
- the IMF
- thrift
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Examples from literature
- Business men who are accustomed to watching fluctuations in exchange rates use the quotations as a sort of barometer to foretell trade conditions.
- He wrote theories on the interaction of supply, demand, interest rates, rents, coinage, and foreign exchange rates.
- Western tariffs or quality requirements are pitted against Eastern exchange rates, in a war on trade whatever its consequences on economic and political stability.