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Foreign Currency
Currency used in international trade and investment, which is different from the domestic currency of the country of operation.
Presentation Currency
The currency in which a company's financial statements are presented, typically the national currency of the country where the company operates.
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity, typically comprising the balance sheet, income statement, and cash flow statement.
Historical Rate
An exchange rate used to convert foreign currency amounts involved in a transaction to the functional currency at the date the transaction occurred.
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