foreign exchange
Foreign exchange refers to the conversion of one country's currency into another, allowing individuals, businesses, and governments to trade and conduct transactions across international borders.
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Related Concepts (1)
Similar Concepts
- conversion of currency
- cross currency swaps
- currency exchange rates
- exchange rates
- fixed exchange rate
- floating exchange rate
- foreign borrowing
- foreign currency borrowing
- foreign exchange market
- foreign exchange reserves
- foreign exchange risk management
- foreign exchange swaps
- international finance
- international financial markets
- international trade