A market for trading one currency for another.

plural of local exchange carrier

A company "that is engaged in the provision of telephone exchange service or exchange access" (except for wireless carriers, unless the FCC determines that the wireless carrier is to be included in the definition); that is, any local telephone company.

plural of foreign exchange market

plural of foreign exchange certificate

(finance) A surrogate currency often used as a tool to control circulation of foreign exchange in countries where the national currency is subject to exchange controls or is not convertible. The certificates may be denominated in local or foreign currency, depending on the exact purpose of the regulation.

plural of mint par of exchange

(finance) Alternative form of mint par.

(finance) Currency risk.

(finance) Currency risk.