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Trading Terms

Offered (selling) rate

In the world of finance, the exchange rate is the value at which traders are willing to sell foreign currency in the market. This rate also determines the rate at which potential buyers can purchase foreign currency from these traders. It is an essential aspect of international trade and affects various economic factors such as inflation and interest rates. Understanding exchange rates is crucial for anyone involved in finance.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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