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Floating Exchange Rates
Currency values that fluctuate in response to the foreign exchange market without intervention by government or central banks.
Central Banks
The principal monetary authority responsible for overseeing the monetary system, issuing currency, and implementing economic policies of a country or monetary union.
IMF
International Monetary Fund, an international organization aiming to foster global monetary cooperation, secure financial stability, and facilitate international trade.
Foreign Exchange
The global marketplace for buying and selling national currencies.
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