Foreign exchange rate - Hutchinson encyclopedia article about Foreign exchange rate Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,761,284,987 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

exchange rate
(redirected from Foreign exchange rate)

    Also found in: Financial, Acronyms, Encyclopedia, Wikipedia 0.03 sec.

exchange rate

Price at which one currency is bought or sold in terms of other currencies, gold, or accounting units such as the special drawing right (SDR) of the International Monetary Fund. Exchange rates may be fixed by international agreement or by government policy; or they may be wholly or partly allowed to ‘float’ (that is, find their own level) in world currency markets.

Central banks, as large holders of foreign currency, often intervene to buy or sell particular currencies in an effort to maintain some stability in exchange rates.

Under the Reagan administration, the US dollar was allowed, even encouraged, to drop in relation to other currencies, especially the Japanese yen.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
 Email
Feedback
?Sign in SSL protected
Email:
Password:
Register

? Mentioned in ? References in periodicals archive
 
But like so many from countries with a poor foreign exchange rate, he cannot afford a subscription.
From Fiona Leggat, London, UK. (Letters) by For A Change
He has a taxable $50,000 capital gain, which arises solely because of the change in the foreign exchange rate.
Phantom foreign currency gain on foreign property by Lam, Jones / The Tax Adviser
The Bank of Japan further stated that the "foreign exchange rate in itself is not a direct objective of monetary policy," but also that the Bank "considers it is important to carefully monitor the development of the foreign exchange rate from the viewpoint of how it affects the economy and prices.
Treasury and Federal Reserve Foreign Exchange Operations by Leonard, Deborah L. / Federal Reserve Bulletin
More results
 
Hutchinson browser? ? Full browser
 
 
Hutchinson Encyclopedia
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.