Dictionary of Procurement Terms

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Search Results: 1-2 of 2 results for “Exchange Rate”
  • Differential Exchange Rates

    Different exchange rates imposed by a country’s government depending upon the nature of the goods imported. (ISM, 2000)
  • Exchange Rate

    The price of one country’s currency expressed in terms of another country’s currency; the domestic price of a foreign currency. A major cost factor in the sale of goods and services in the global marketplace. Also called Rate of Exchange. (Schiller, 2002)

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