foreign exchange

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foreign exchange

n. Abbr. FX
1. Transaction of international monetary business, as between governments or businesses of different countries.
2. Negotiable bills drawn in one country to be paid in another country.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

foreign exchange

n
1. (Banking & Finance) the system by which one currency is converted into another, enabling international transactions to take place without the physical transportation of gold
2. (Banking & Finance) foreign bills and currencies
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

for′eign exchange′


n.
1. commercial paper drawn on a person or corporation in a foreign nation.
2. the process of balancing accounts in commercial transactions between businesses or individuals of different countries.
[1685–95]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.foreign exchange - the system by which one currency is exchanged for another; enables international transactions to take place
interchange, exchange - reciprocal transfer of equivalent sums of money (especially the currencies of different countries); "he earns his living from the interchange of currency"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

foreign exchange

ncambio di valuta; (currency) → valuta estera
foreign exchange market → mercato dei cambi
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
Farag Deifalla, legal consultant at Yousif Alhammadi Advocates and Legal Consultancy, said suspects claiming to represent Dubai-based Al Rawnaq Al Thahabi General Trading company duped his clients out of millions of dirhams with the help of staff at a money exchange house.
Another two real estate firms, in addition to one money exchange and two insurance firms, were asked to provide the ministry reports about unspecified topics, according to Kuwait's official news agency, Kuna .
The investigation report submitted by NAB in an accountability court revealed that 10 international money exchange companies - six from Dubai and four based in the UK - were used to carry out huge monetary transactions to the bank accounts of Shehbaz Sharif, his sons Hamza Shehbaz and Suleman Shehbaz, as well as other party members.
The workshop took place at Marsa Malaz Kempinski, The Pearl, gathering representatives from the Qatar Central Bank, Travelex, and money exchange houses in Qatar.
The provincial military police communications officer Lak Phy told The Post on Tuesday that the 32-year-old suspect used a knife to rob the 34-year-old owner of the money exchange shop in Poipet commune's Kbal Spean I village.
The company was involved in money exchange business exceeding its authorised capital, had no record of transactions and was also doing illegal telegraphic transfers (TT) of currency.
In collaboration with Global Money Exchange, we are very pleased to be aligned with this vision, offering customers in Oman the access to our services right at their fingertips,' Sleiman added.
Subromoniyan, Managing Director, Global Money Exchange.
The central bank issued a detailed set of instructions on Saturday to all the money exchange companies, instructing them to help the bank keep a strict vigilance over currency movements, reports Xinhua news agency.
Riyadh, Safar 24, 1439, Nov 13, 2017, SPA -- The Saudi Arabian Monetary Agency (SAMA) suspended activities of Sons of Saleh Hussein Al-Amoudi Money Exchange Company from practicing exchange business, due to lack of in compliance with the regulatory requirements issued by SAMA, under the rules governing the conduct of money exchange activities, issued by the Minister of Finance for functioning financial institutions' rules.
On the contrary, electronic service units operated by these banks rose from 33 to 36 while money exchange companies dropped from 86 to 61.