Le taux de change
Example: Le taux de change influence fortement le coût des importations.
Definition
"Le taux de change" refers to the rate at which one currency can be exchanged for another, determining the value of one currency relative to another. It strongly affects international trade, influencing the cost of imports and exports between countries.
Etymology
The phrase "le taux de change" comes from French, where "taux" means rate or level, and "change" refers to exchange or swapping. It originally described the price or rate at which currencies or goods were exchanged, a term that has evolved alongside global trade and finance.
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"Le taux de change" appears in the Vocaplus list "French - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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