Closing Rate


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Closing Rate

The exchange rate for two currencies at the end of a period of time, such as a trading day or month.
References in periodicals archive ?
If the sales manager will commit to a higher closing rate, test the package; if he or she won't, don't.
Even if closing rates fall to 12 percent, you can still hit target if you can lift response to about 1.
Do you believe that the field sales force can improve closing rates on the "cool" package enough to make up for the loss of response?