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

With depleting foreign exchange reserves, some businesses have been forced to close as entrepreneurs and farmers turn to the black market in search of hard currency. —Charles Pensulo, semafor.com, 10 Sep. 2025

Taottao Yitao Li earned her BFA at FIT before completing foreign exchange programs at both Central Saint Martins in London and Polimoda in Florence. —Ari Stark, Footwear News, 9 Sep. 2025

The intent is to issue it in various currencies, while allowing for an internal market for cross-border and foreign exchange settlements. —Nick Sargen, Forbes.com, 8 Sep. 2025

China’s currency is not freely convertible in world financial markets and its stringent controls on foreign exchange are the biggest hindrance toward making the yuan a global currency, experts say. —Nino Paoli, Fortune, 21 Aug. 2025

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