Transaction of international monetary business, as between governments or businesses of different countries
The exchange of foreign currency On the foreign exchange market, foreign currency is bought and sold for immediate (spot) or forward delivery
The currency or credit instruments of a foreign country Also, transactions involving purchase or sale of currencies
A foreign nation's currency or credit instruments Also included under the term foreign exchange are transactions involving purchase and/or sale of currencies
The simultaneous buying of one currency and selling of another in an over-the-counter market Most major FX is quoted against the US Dollar
Trading or exchanging the currencies of other countries in relation to one another or to U S currency
Various instruments used to settle payments for transactions between individuals or organizations using different currencies (e g , notes, cheques, etc )
Claims in a foreign currency payable abroad, including bank deposits, bills and cheques Foreign exchange rates refer to the number of units of one currency required to buy another
the system by which one currency is exchanged for another; enables international transactions to take place
Foreign exchange is used to refer to foreign currency that is obtained through the foreign exchange system. an important source of foreign exchange. foreign-exchange traders. Purchase or sale of one national currency in exchange for another nation's currency, usually conducted in a market setting. Foreign exchange makes possible international transactions such as imports and exports and the movement of capital between countries. The value of one foreign currency in relation to another is defined by the exchange rate
the handling of money trades with other countries, including the physical movement of currencies from one country to another to complete a transaction
is currency issued by a foreign government Foreign exchange is required to pay for imported goods and to meet foreign debt repayment obligations Most of the trade in foreign currencies occurs between large international banks Unlike stock markets, the "foreign exchange market" does not exist in any specific location