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单词 foreign exchange
释义 foreign exchange

foreign exchange noun

(Economics ; Finance )

1 [U] (abbr forex)

the system of exchanging the money of one country for that of another:

Controls on foreign exchange limit the amount of money you can take out of the country.

a country's foreign exchange policy

2 [U]

money that is obtained using this system:

Tourism is our largest source of foreign exchange.

a foreign exchange trader/dealer

Oil exports account for 70% of the country's foreign exchange earnings.

FOREX

3 [C]

a place where money of different countries is exchanged:

The pound fell on the foreign exchanges yesterday.

The central bank intervened on the foreign exchanges to support the peso.

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更新时间:2024/11/11 7:57:58