: the ratio at which the principal unit of two currencies may be traded
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Advertisement Equally important, the Trump Administration overstated the benefits of its tariffs and underestimated their economic costs by neglecting the role of exchange rates and the nature of global supply chains.—Devashish Mitra, Time, 28 July 2025 At this early stage in the proceedings, First Steps is estimated to be running 57% ahead of Captain America: Brave New World, 32% over Superman and 9% above Thunderbolts* in like-for-like markets and at current exchange rates.—Nancy Tartaglione, Deadline, 26 July 2025 Furthermore, at current exchange rates, labor costs in the U.S. are extremely high, providing little incentive for Japanese firms to expand investment there.—Diane Brady, Fortune, 24 July 2025 Invictus isn't a huge project; its funding is 7 million pounds (about $9.4 million US at current exchange rates), according to the company.—Mike Wall, Space.com, 17 July 2025 See All Example Sentences for exchange rate
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