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TeachMeFinance.com - explain Domestic exchange rates historic definition... Domestic exchange rates -- Rates for domestic exchange issued in New York are not published. To ascertain the rates it is necessary to make inquiry of banks ; the business is almost entirely in the hands of the banks. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.