currency exchange
A process established through foreign exchange markets for buying and selling foreign currency instruments based on market exchange rates. A currency exchange entails the simultaneous purchase of one currency denomination and the selling of another.
Browse by Subjects
aggregate risk
European Exchange Rate Mechanism
bimetallic standard
Claimant
authorized forex dealer
See All Related Terms »

Asian tail
drafting
equity unit investment trust
production manager
Group of Ten (G10)