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Absolute Exchange Rate
An exchange rate that directly compares the purchasing power of two different currencies.
Inflation Rates
The rate at which the general level of prices for goods and services is rising, concurrently eroding purchasing power, usually expressed as a percentage.
Premium
An amount paid in excess of the regular price, often associated with insurance costs or the additional cost to buy an asset.
Euro
The official currency of 19 of the 27 European Union countries, which constitutes the Eurozone.
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