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Identify/define and explain the significance of the following: mendicant orders.
Overnight
In financial terms, this refers to transactions that are settled or occur from one business day to the next.
Cross-Rate
The exchange rate between two currencies calculated by using a third currency, typically the US dollar, as a reference point.
Kuwait Dinar
The national currency of Kuwait, known for its high value compared to other global currencies.
Japanese Yen
The official currency of Japan, often symbolized as ¥, used in both domestic and international financial transactions.
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