exchange rate
noun [ C ] uk/ɪksˈtʃeɪndʒ ˌreɪt/ us/ɪksˈtʃeɪndʒ ˌreɪt/ (also rate of exchange)
B1 汇率;兑换率
the rate at which the money of one country can be changed for the money of another country
- More examples
- The Central Bank intervened in the currency markets today to try to stabilize the exchange rate.
- She programmed the computer to calculate the exchange rate in twelve currencies.