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In reply to by Mable (not verified)

YJ
2 months ago

The price in which a currency is exchanged for any other is classified as the foreign exchange rate.
To start with they posit a nation with a fixed exchange rate at equilibrium with respect to capital flows
as its monetary policy is aligned with the international market.

Vol. 1010. Springer International Publishing. In case of your death, the property will be taken over by the lender and sold to get the money back.

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