foreign exchange

noun

1

: a process of settling accounts or debts between persons residing in different countries

2

: foreign currency or current short-term credit instruments payable in such currency

Examples of foreign exchange in a Sentence

Our country has to export more in order to earn more foreign exchange.

Recent Examples on the Web

American companies have benefited from the dollar’s dominant status owing to less foreign exchange risk compared to other global companies, which often have to hedge their currencies to maintain stability against the dollar. —Hakyung Kim, CNBC, 28 Mar. 2025

Through foreign exchange programs such as Fulbright, many Cambodians outside Phnom Penh experience their most direct and meaningful day-to-day interactions with Americans. —Carter Popkin, Chicago Tribune, 28 Mar. 2025

The price of the dollar versus other currencies is determined by supply and demand in daily foreign exchange (forex) markets. —Zain Jaffer, Forbes.com, 26 Mar. 2025

The next big revolution is coming in the world’s biggest market—foreign exchange. —Ozan Ozerk, Forbes, 21 Mar. 2025

Word History

First Known Use

1623, in the meaning defined at sense 1

Rhymes for foreign exchange

• arrange
• derange
• estrange
• midrange
• change
• grange
• mange
• range
• strange
• interchange
• rearrange