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 ?
Since issuance of the updated Foreign Exchange Manual in 2016, several changes/amendments in the foreign exchange regulations have been made.
There is a wide variety of dealers in the foreign exchange market.
said banks dealing with foreign exchange dealers, money changers and remittance agents should take extra caution and vigilance and should perform enhanced due diligence consistent with regulations and the bank's procedures as provided under its Money Laundering and Terrorist Financing Prevention Program (MLPP).
With the expansion, Banc of California now offers foreign exchange and international wire services in over 100 currencies worldwide, as well as a complete interest rate risk management solution for clients.
The second factor is the number of clients whose foreign exchange is covered by the bank, especially small clients.
Since the State Administration of Foreign Exchange ("SAFE") launched the RMB/foreign exchange call options in 2011, ICBC has become one of the first Chinese banks to roll out the service, and the RMB/foreign exchange options business has maintained the momentum for rapid and healthy development.
Macedonia's foreign exchange reserves registered their all-time high in January last year and have since been declining, falling to under one billion euros at the end of 2013 for the first time in a long time.
Reiterating its long-standing policy, the State Administration of Foreign Exchange (SAFE) said illegal flows of foreign exchange funds have grown more complicated and clandestine as China's international payments have increased.
Mabbot, Weissmuller and Sons also hired well-known foreign exchange professionals as Mr.
The growth of foreign exchange trading volumes in the retail foreign exchange market in the Middle East has increased significantly since Deutsche Bank launched the Arabic version of its online foreign exchange trading service, dbFX.
Travelex Japan is taking an aggressive strategy for growth in the Japanese foreign exchange market.

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