exchange rate
/ɪksˈtʃeɪndʒ reɪt/noun
उच्चारण इक्स्चेन्ज रेट
विनिमय दर
Core word
noun
- 1
[C]
the value of the money of one country compared with the money of another
विनिमय दर
- Check the exchange rate before you change your rupees into dollars.
- A weak exchange rate makes imports more expensive.
- The exchange rate between the rupee and the dollar changes every day.
+ 2 more examples
- A favourable exchange rate helps exporters earn more.
- Travellers should compare the exchange rate at different counters.
Synonyms rate of exchange
≈Synonyms and antonyms
Synonyms
rate of exchange
?Which word?
Do not confuse a fixed exchange rate (set and defended by the government or central bank) and a floating exchange rate (decided mainly by demand and supply in the market).
Fixed exchange rate (जिसे सरकार या केंद्रीय बैंक तय करके बनाए रखता है) और floating exchange rate (जो मुख्य रूप से बाज़ार में माँग और आपूर्ति से तय होती है) में भ्रमित न हों।
✓In the exam
General knowledge
India moved to a market-determined exchange rate for the rupee in 1993.
भारत ने 1993 में रुपये के लिए बाज़ार-निर्धारित विनिमय दर अपनाई।