See Also: foreign exchange(encyclopedia)
Foreign exchange(money)
Foreign exchange(finance)
foreign exchange(dictionary)
Foreign exchange risk(money)
Foreign exchange controls(money)
Foreign exchange controls(finance)
Foreign exchange dealer(money)
Foreign exchange broker(finance)
Foreign exchange market(money)

foreign exchange (sh)




Purchase or sale of one national currency in exchange for another nation's currency, usually conducted in a market setting.

Foreign exchange makes possible international transactions such as imports and exports and the movement of capital between countries. The value of one foreign currency in relation to another is defined by the exchange rate.