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An exchange rate is the rate at which one currency may be converted into another, also called rate of exchange of foreign exchange rate or currency foreign fx currency exchange rate. below are government and external resources that provide currency exchange rates. An exchange rate is the rate at which one currency may be converted into another, also called rate of exchange of foreign exchange rate or currency exchange rate. below are government and external resources that provide currency exchange rates. Forex is a portmanteau of foreign currency and exchange. foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or. Foreign currency swap: a foreign currency swap is an agreement to exchange currency between two foreign parties. the agreement consists of swapping principal and interest payments on a loan made. 1 exchange rates fluctuate, at times significantly, and you acknowledge and accept all risks th...