exchange rate (also rate of exchange) noun [C]

FLOATING EXCHANGE RATE, REAL EXCHANGE RATE

the relation in value between one currency and another:

The current exchange rate is 50 rupees to the euro.

the rupee/euro exchange rate

The euro has a high exchange rate against the yen.

movements/fluctuations in the exchange rate

We need a competitive exchange rate (= attractive to buy) to get the economy growing.

The peso was pegged to the US dollar at a one-to-one exchange rate.

SYN CURRENCY RATE

a high/low/stable/strong/weak exchange rate

◆ a competitive/favourable exchange rate

◆ the exchange rate drops/falls/rises an exchange rate regime/system

• current yield
• curriculum vitae
• cursor
• curtail
• curve
• cushion
• custodial
• custodial account
• custodian
• custody
• custom
• custom-built
• customer
• customer acquisition
• customer base
• customer capital
• customer-centric
• customer-focused
• customer loyalty
• customer management
• customer profile
• customer relations
• customer relationship
• customer relationship management
• customer satisfaction