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-Robert Clive
Exchange Rate
The value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another currency.
Pound
A unit of currency used in the United Kingdom and other territories, symbolized by £ and formally known as the pound sterling.
Currency Depreciates
A decrease in the value of a country's currency with respect to one or more foreign benchmark currencies, typically in a floating exchange rate system.
Government Action
Measures and initiatives undertaken by a governmental body to influence the economy, societal issues, or the implementation of public policies.
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