Offshore Exchange Rate
Barron's Business Dictionary:
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Offshore Exchange Rate
The market price of a regulated currency outside the legal jurisdiction of the regulating government. It could be described as a legal black market rate.
| Offshore, Offset, Offline | |
| Oil Patch, Oil and Gas Limited Partnership, Oiland Gas Lease |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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