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.

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

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]
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"
Translations

foreign exchange

ncambio di valuta; (currency) → valuta estera
foreign exchange market → mercato dei cambi
References in periodicals archive ?
Among other things, the Dubai Police's Anti-Crime Department has also introduced a highly secure safe deposit box, for use in gold jewellery shops and money exchange offices, to store money and valuables.
Licence for operating money exchange counters at 04 (four) nos.
Rao complimented Global Money Exchange for their efforts in opening more branches in the country to facilitate better remittance facilities to the local and expat population besides providing the benefit of various employment opportunities.
The number of financial entities operating under the UAE Central Bank's mandate and supervision, excluding Emirati and foreign banks, reached 21 financial investment companies and 11 brokerage firms, along with 11 commercial banks, 28 financing companies, 108 bank representation offices and 141 money exchange companies.
Brigadier Mohammad Suhail Al Rashdi, director at Al Ain Police Directorate, said, Falaj Hazza police station received a report that some unidentified people were beating employees of a money exchange when they were leaving the exchange in the industrial area.
Kabul [Afghanistan], August4 ( ANI ): Intense fighting is underway between security forces and insurgents after a group of armed men stormed a money exchange market in the center of Gereshk district in the southern Helmand province on Friday morning.
The negotiations in this connection are underway with a money exchange company based in Dubai.
The businessman said the incident happened when he was heading to the money exchange house to deposit the money in a credit card account.
Singapore based financial technology company Dragonfly Fintech Pte Ltd (DF), announced on Monday that it secured a deal to power Metro Money Exchange, a Malaysian licensed wholesale and money remittance company using the NEM's Blockchain Technology.
Slaibi is said to have told the two men that he doesn't have enough currency on hand, and contacted the head of the Money Exchange Union, Elias Srour, to provide him with the needed amount.
He said two or three trained security guards having bullet proof jacket and helmet should be deployed in each bank and money exchange office.
Money exchange houses in the United Arab Emirates are holding talks with the central bank about planned new capital requirements.