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Purchasing Value
The worth of goods or services that can be bought with a specified amount of currency.
Spot Exchange Rates
Refers to the current exchange rate at which currencies can be traded immediately or on the spot.
Overvalued Currency
A currency whose value is higher than its actual demand or economic fundamentals justify.
Non-Performing Loan
A loan in which the borrower is in default and has not made scheduled payments of principal or interest for a certain period, typically 90 days.
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