Usually means: Local currency per foreign unit.
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We found 6 dictionaries that define the word indirect exchange rate:

Business (6 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. Indirect exchange rate: bizterms.net
  4. Indirect Exchange Rate: Bloomberg Financial Glossary
  5. Indirect exchange rate: Deardorff's Glossary of International Economics
  6. Indirect Exchange Rate: Financial dictionary



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