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Improving your varsity team through the use of foreign exchange students will be a thing of the past when the fall sports season begins in late August around the state.
Definition of Foreign Exchange. Foreign currency exchange is a large global financial market. Creatas/Creatas/Getty Images. The foreign exchange market plays a crucial role in global trade. Institutions such as banks can buy and sell currencies like the euro or the yuan. As a result, international trading and investments run smoothly.