foreign exchange

noun

Definition of foreign exchange

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 The money would be provided via the reallocation of part of $650 billion worth of special drawing rights, a foreign exchange tool used to help finance imports issued by the International Monetary Fund. Nicole Winfield, Time, 30 Oct. 2021 The money would be provided via the reallocation of part of $650 billion worth of special drawing rights, a foreign exchange tool used to help finance imports issued by the International Monetary Fund. Nicole Winfield, David Mchugh And Sylvie Corbet, Anchorage Daily News, 30 Oct. 2021 The money would be provided via the reallocation of part of $650 billion worth of special drawing rights, a foreign exchange tool used to help finance imports issued by the International Monetary Fund. Nicole Winfield, chicagotribune.com, 30 Oct. 2021 Due in part to this enormous RMB liquidity pool, Hong Kong is also the world's largest offshore RMB foreign exchange and interest-rates derivatives market. Forbes, 15 Nov. 2021 When Jin meets a new foreign exchange student on the first day of school, their worlds collide as Jin becomes entangled in a battle of Chinese mythological gods. NBC News, 6 Oct. 2021 That is when Delevski, who had left Vardar to live as a foreign exchange student in the United States, changed the path of Andonovski’s career. New York Times, 19 July 2021 The company’s comparable sales grew 9% excluding the impact of gasoline prices and foreign exchange during this period. Trefis Team, Forbes, 27 Oct. 2021 But for big financial institutions, buying and selling digital currencies remains far more difficult than trading traditional foreign exchange or other financial assets. Jeremy Kahn, Fortune, 12 Oct. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'foreign exchange.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of foreign exchange

1691, in the meaning defined at sense 1

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Time Traveler for foreign exchange

Time Traveler

The first known use of foreign exchange was in 1691

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Dictionary Entries Near foreign exchange

foreigner

foreign exchange

foreign factor

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Statistics for foreign exchange

Last Updated

2 Dec 2021

Cite this Entry

“Foreign exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/foreign%20exchange. Accessed 5 Dec. 2021.

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More Definitions for foreign exchange

foreign exchange

noun

English Language Learners Definition of foreign exchange

: the process by which people in different countries pay each other by exchanging different types of money
: money from foreign countries

More from Merriam-Webster on foreign exchange

Britannica.com: Encyclopedia article about foreign exchange

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