What does "foreign exchange" mean?

The exchange of currency from one country for currency from another country.

Foreign exchange

Common synonyms include: currency conversion, currency exchange, currency market, currency rate, currency trading market, exchange price.

noun

noun ·Rare ·Advanced level

Noun

1
The exchange of currency from one country for currency from another country. countable, uncountable
"Near-synonyms: currency exchange, money changing"
2
the system by which one currency is exchanged for another; enables international transactions to take place wordnet
3
Foreign currency. countable, uncountable
""foreign exchange" means foreign currency and includes,- (i) deposits, credits and balances payable in any foreign currency, (ii) drafts, travelers cheques, letters of credit or bills of exchange, expressed or drawn in Indian currency but payable in any foreign currency, (iii) drafts, travelers cheques, letters of credit or bills of exchange drawn by banks, institutions or persons outside India, but payable in Indian currency;"

"Near-synonyms: currency exchange, money changing"