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Exchange rate
/ɛkstʃˈeɪndʒ ɹˈeɪt/
/ɛkstʃˈeɪndʒ ɹˈeɪt/
Exchange rate
[NOUN]1
the value of a country's currency compared to another country's currency
synonyms : rate of exchange
Examples
1. That figure obviously changes with exchange rates.
2. The exchange rate now, whatever it is in Canadian.
3. It depends on the exchange rate.
4. They are floating exchange rates.
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