foreign exchanges
Cross-border currency swaps
Foreign exchanges refers to the system or markets for trading currencies between countries.
Banks, businesses, and investors use foreign exchanges to convert one currency into another: The company lost money on foreign exchanges when the dollar weakened.
The term also applies to the currencies themselves or the rates at which they trade.
In educational contexts, foreign exchanges are programs sending students to study abroad: She spent a semester in Spain on a foreign exchange.
- currenciesOfficial mediums of exchange
- moneyCurrency for transactions
- money changersThose who trade currencies
- rateMeasured speed or charge
- floating ratesInterest tied to markets
change · international · forex · currency trading · traders · dealers · carry trade · cash · bureau de change · globalization · coins · window · central banks · pairs · arbitrage · capital markets · balance of payments · wire transfer
foreign, exchange, foreigner, foreignness, exchanges, exchanged, exchanging, exchangeable