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Exchange Rate
The price at which one currency can be exchanged for another currency in the foreign exchange market.
Loss
A financial condition where expenses exceed income, leading to a negative net income.
Euros
The official currency of the Eurozone, used by 19 of the 27 European Union countries.
Controlling Influence
The power or authority one entity has over another, typically in the context of a parent company's significant influence over the operations and decision-making of its subsidiary.
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