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Forward Rate
A term used in finance representing the interest rate applicable to a financial transaction that will occur in the future.
Interest Rate Parity
A theory stating that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.
Canadian T-Bills
Short-term government securities issued by the Canadian government, considered low-risk investments.
Egyptian Pounds
The official currency of Egypt, denoted as EGP, and divided into smaller units called piastres.
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