foreign exchange market

Noun

Meaning

foreign exchange market (plural foreign exchange markets)

A market for trading one currency for another.

Source: en.wiktionary.org

Synonyms

money market forex

Examples

He was quoted by a national daily as saying that: “What we mean by exchange rate unification is moving towards the Nigerian Autonomous Foreign Exchange Market (NAFEX). Source: Internet

THE shilling has maintained strength after appreciating for the fifth week in a row on the Interbank Foreign Exchange Market (IFEM). Source: Internet

Close letter words and terms

foreign exchange bureaux foreign exchange certificate foreign exchange dealers foreign exchange office foreign exchange offices foreign exchange rate