: the ratio at which the principal unit of two currencies may be traded
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How much of the latter can be attributed directly to the Glazers is unclear, and there has also been £25.1m in positive exchange rate movements (brought about because of the U.S. dollar debt) and £21.6m in cash interest received.—Chris Weatherspoon, New York Times, 14 May 2025 The segment experienced a 96% decline in operating earnings for the quarter, primarily due to foreign currency exchange rate losses generated from bonds issued by Berkshire Hathaway and denominated in British Pounds, euros, and Japanese Yen.—Bill Stone, Forbes.com, 10 May 2025 Heck expects revenue for the 2024-25 season to approach £370 million ($490 million based on current exchange rates), double the £179 million posted by the club during the 2021-22 season.—Kurt Badenhausen, Sportico.com, 7 May 2025 For the European teams, which report financial results in euros or pounds, CNBC converted revenue and EBITDA figures to U.S. dollars based on the average exchange rates during the 2023-24 season (1 euro = $1.0816; 1 pound = $1.2608).—Michael Ozanian, CNBC, 5 May 2025 See All Example Sentences for exchange rate
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