Definition of foreign exchange

foreign exchangenoun

ngoại hối

/ˌfɒrən ɪksˈtʃeɪndʒ//ˌfɔːrən ɪksˈtʃeɪndʒ/

namespace

the system of exchanging the money of one country for that of another country; the place where money is exchanged

Example:
  • The euro fell on the foreign exchanges yesterday.

money that is obtained using this system

Example:
  • our largest source of foreign exchange