foreign exchange rate
A financial term referring to the rate at which one currency can be exchanged for another. Synonymous with 外国為替相場.
See also: 外国為替相場
Fluctuations in the foreign exchange rate affect import prices.
Synonym; 外国為替相場 is slightly more formal or traditional, while 外国為替レート is a common modern term.
Compound of 外国 (foreign country), 為替 (exchange), and レート (rate).