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Interest
The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
Loan
A financial arrangement where one party lends an asset, usually money, to another party under the condition of eventual repayment of the principal amount along with interest or charges.
Foreign Exchange Fluctuations
Variations in the value of one currency relative to another, impacting international trade and investments.
Spot Rate
The current market price for immediately exchanging one currency for another.
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