Noun
the system by which one currency is exchanged for another; enables international transactions to take place
Source: WordNetWhen I was in high school, I liked to pretend that I was a Russian foreign exchange student. I would do things like go into a pizza restaurant and tell them I'd never had pizza before, and they'd bring me into the kitchen and show me how to make an American pizza. It's really fun. Misha Collins
The goods of the world market are available for Cuba to purchase, but all the foreign exchange is monopolized by the regime, which uses it for its own power and pleasure. Robert Zubrin
The very necessity of bringing our armament up to a certain level as rapidly as possible must place in the foreground the idea of as large returns as possible in foreign exchange and therewith the greatest possible assurance of raw material supplies, through exporting. Hjalmar Schacht
You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed. John Major
According to him, it would ultimately reduce the importation of petroleum products and ease the pressure on the foreign exchange market as well as the burden on our foreign reserves. Source: Internet
A currency's importance is currently measured by the degree to which it is used as a foreign exchange reserve asset and the amount of exports sold in that currency. Source: Internet