Il tasso di cambio
Example: Il tasso di cambio influenza il prezzo delle importazioni estere.
Definition
"Il tasso di cambio" refers to the rate at which one currency can be exchanged for another. It determines how much of one currency is needed to buy a unit of a different currency, affecting the price of international goods and services.
Etymology
The phrase "il tasso di cambio" comes from Italian, where "tasso" means rate or tax, and "cambio" means exchange. It originally referred to the fee or rate charged for currency exchange, evolving to signify the actual exchange rate itself.
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"Il tasso di cambio" appears in the Vocaplus list "", containing 150 commonly used words.
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the exchange rate