Definition of foreign exchange noun from the Oxford Advanced Learner's Dictionary


    foreign exchange

    BrE BrE//ˌfɒrən ɪksˈtʃeɪndʒ//
    ; NAmE NAmE//ˌfɔːrən ɪksˈtʃeɪndʒ//
    , NAmE//ˌfɑːrən ɪksˈtʃeɪndʒ//
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  1. 1[uncountable, countable] the system of exchanging the money of one country for that of another country; the place where money is exchanged The euro fell on the foreign exchanges yesterday.
  2. 2[uncountable] money that is obtained using this system our largest source of foreign exchange
See the Oxford Advanced American Dictionary entry: foreign exchange