rate of exchange (Meaning)
Wordnet
rate of exchange (n)
the charge for exchanging currency of one country for currency of another
Synonyms & Antonyms of rate of exchange
No Synonyms and anytonyms found
rate of exchange Sentence Examples
- The rate of exchange between the euro and the dollar fluctuates constantly.
- Due to inflation, the rate of exchange has been steadily decreasing.
- The rate of exchange varies significantly depending on the currency pair and market conditions.
- Businesses must consider the rate of exchange when engaging in international trade.
- Tourists should be aware of the rate of exchange when planning their trips.
- Investors monitor the rate of exchange to make informed decisions about currency investments.
- Central banks intervene in the market to influence the rate of exchange.
- The rate of exchange can have a substantial impact on international commerce and economic competitiveness.
- Governments use the rate of exchange as a tool to manage their economies and foreign exchange reserves.
- The rate of exchange is a key factor in determining the purchasing power of different currencies globally.
FAQs About the word rate of exchange
the charge for exchanging currency of one country for currency of another
No synonyms found.
No antonyms found.
The rate of exchange between the euro and the dollar fluctuates constantly.
Due to inflation, the rate of exchange has been steadily decreasing.
The rate of exchange varies significantly depending on the currency pair and market conditions.
Businesses must consider the rate of exchange when engaging in international trade.
