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Intentional misstatement of estimates
Real Exchange Rate
The ratio at which a country's currency can be traded for another country's currency, adjusted for inflation differences between the two countries.
Appreciated
An increase in the value of an asset or currency over time, typically due to market dynamics such as demand and supply.
Depreciated
A decrease in the value of an asset over time, typically due to wear and tear or obsolescence.
Inflation
The pace of escalation in the overall price environment for goods and services, lessening the ability to procure.
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