Rate at which a bank or money dealer is willing to sell foreign currency. The rates are determined by the dealers themselves and these rates can be quoted as cash, traveller's checks, or as a credit card purchase. The selling rate is used more often in the retail exchange markets.
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Selling Rate

Rate at which a bank or money dealer is willing to sell foreign currency. The rates are determined by the dealers themselves and these rates can be quoted as cash, traveller's checks, or as a credit card purchase. The selling rate is used more often in the retail exchange markets.

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