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When an electron de-excites from the third quantum level to the second, and then to the ground state, two photons are emitted. The sum of the emitted frequencies equals the frequency of the single photon that would be emitted if de-excitation were from the third to
Spot Exchange Rate
Buying foreign currency at present-day rates in anticipation of future transactions.
Bank Offers
Promotions or deals provided by banks to attract new customers or to retain existing ones, including lower interest rates or bonus rewards.
U.S. Dollars
The official currency of the United States, widely used as the global standard for financial transactions.
Managed Float
An exchange rate system where the price of the currency is largely determined by the supply and demand in the foreign exchange market but where central banks attempt to influence the rate by actively buying and selling currencies.
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