Examlex
Which of the following is not correct?
Euro Bills
Short-term debt instruments issued by the European Central Bank and denominated in Euros.
Exchange Rate
Exchange rate is the value of one currency for the purpose of conversion to another, reflecting how much of one currency can be exchanged for a unit of another currency.
U.S. Investor
An individual or entity based in the United States that allocates capital in various financial assets to earn a return.
Fixed Exchange Rate
A country's currency value set and maintained as equal to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold.
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