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Foreign Exchange Market
A global decentralized or over-the-counter market for trading currencies, determining exchange rates for every currency.
U.S. Dollar
The United States' official money, commonly utilized worldwide as a standard and reserve currency.
Depreciates
Describes how an asset loses value over time due to wear and tear, age, or obsolescence.
Current Account Transactions
Economic activities that affect a nation's balance of payments, including trade in goods and services, earnings on investments, and transfer payments.
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