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Value of the Dollar
A measure of the U.S. dollar's strength relative to other currencies, impacting international trade and investment.
Spot Exchange Rate
The prevailing rate at which one currency can be swapped for another for instant settlement.
Spot Trade
A deal where financial instruments or commodities are swapped right away.
Eurobanks
Banks located outside their country of incorporation that deal predominantly in Eurocurrencies – currencies held outside their country of origin.
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