Examlex
There is only one reason for a currency to trade at a forward premium - it has a lower interest rate than the terms currency.
Centi-
A prefix denoting a factor of one hundredth (1/100) in the metric system.
One Hundredth
A fractional unit that is one part of a hundred, commonly expressed as 1/100.
Hydro-
A prefix indicating relation to water.
Hydrotherapy
The use of water in the treatment of different conditions, including arthritis and related rheumatic complaints.
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