foreign exchange

noun

1

: a process of settling accounts or debts between persons residing in different countries

2

: foreign currency or current short-term credit instruments payable in such currency

Examples of foreign exchange in a Sentence

Our country has to export more in order to earn more foreign exchange.

Recent Examples on the Web

More Unlike oil which accounts for 95% of foreign exchange earnings, solid minerals have long accounted for barely 1% of Nigeria’s economy. — Alexander Onukwue, semafor.com, 21 Aug. 2026

Reserve managers watched a major economy's foreign exchange reserves get frozen and drew the obvious conclusion about assets held inside another country's financial system. — Jason Kirsch, Forbes.com, 20 Aug. 2026

While renewable generation costs are broadly competitive, consumers ultimately bear the burden of financing costs, transmission and distribution losses, taxes, and foreign exchange movements. — ABC News, 19 Aug. 2026

The dollar’s dominance will erode more rapidly, with its share of global foreign exchange reserves perhaps falling below 50 percent as bilateral currency arrangements proliferate and the pricing of commodities diversifies. — Mark Leonard, Foreign Affairs, 18 Aug. 2026

Word History

First Known Use

1623, in the meaning defined at sense 1

Rhymes for foreign exchange

• arrange
• derange
• estrange
• midrange
• change
• grange
• mange
• range
• strange
• interchange
• rearrange