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Describe the concept of faster retailing and provide some recommendations to retailers who are looking to address the issue.
Spot Rate
The current market price at which a particular asset, such as foreign exchange, is bought or sold for immediate delivery.
Real Rate
The interest rate adjusted for inflation, reflecting the true cost of borrowing or real yield on an investment.
Inflation Rate
The rate at which the general level of prices for goods and services is rising, and, subsequently, eroding purchasing power.
Spot Rate
The current market price at which a particular currency can be bought or sold for immediate delivery.
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