foreign exchanges(a place where money of different countries is exchanged: The pound fell on the foreign exchanges yesterday. • The central bank intervened on the foreign exchanges to support the peso. OBED Alexander Demidov)
currency market(finance) a market in which banks and traders purchase and sell amounts in foreign currencies Example Sentences Including "currency market" In the currency market , a stronger yen against a weaker US dollar boosted the Australian dollar by over half a US cent. MISC 1999) On the currency market yesterday, the Australian dollar managed to gain some ground after falling to US63.38 on Wednesday. MISC 1999) On the foreign currency market , dealers greeted the debut of the new currency with studied calm. INDEPENDENT 1999) The first part of the chapter focuses on the offshore currency market , of which the Eurodollar market is an example. Maurice D. Levi INTERNATIONAL FINANCE: THE MARKETS AND FINANCIAL MANAGEMENT OF MULTINATIONAL BUSINESS. The puzzle of the US economy is still more acute if we take a look at the currency market. GLASGOW HERALD 2001). Collins Alexander Demidov)
