Foreign exchange (Forex or FX),
Definition of Foreign exchange (Forex or FX):
Any currency other than the local currency which is used in settling international transactions. Also called foreign currency.
System of trading in and converting the currency of one country into that of another. See also foreign exchange market.
An institution or system for dealing in the currencies of other countries.
How to use Foreign exchange (Forex or FX) in a sentence?
- The foreign exchange student was really easy to get along with and we all made her our friend really quickly.
- Working in a foreign country is great, especially since you can play the foreign exchange rates almost like the stock market!.
- It emerged yesterday that those responsible for making the wrong submissions to the Central Bank on foreign exchanges may not be named in the keenly awaited second report, for legal reasons.
- The new policies involving foreign exchange would make traveling between countries from home to work less complicated for Pauls family.
Meaning of Foreign exchange (Forex or FX) & Foreign exchange (Forex or FX) Definition