Crossword Genius

Plays with the rate of exchange (7)

Ross

I believe the answer is:

theatre

'plays' is the definition.
(I've seen this before)

'with the rate of exchange' is the wordplay.
'with' is a charade indicator (letters next to each other).
'of exchange' indicates an anagram (I've seen 'exchange' mean this).
'rate' with letters rearranged gives 'atre'.
'the'+'atre' is 'THEATRE'.

(Other definitions for theatre that I've seen before include "eg The Globe" , "Building for the dramatic arts" , "stage productions" , "Room for surgery" , "Hospital operating room - playhouse" .)

I've seen this clue in The Globe and Mail.
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