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The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.

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The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.

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The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.

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The Exchange Rate is 6594.232$.

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Floating Exchange Rate

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unfavourable exchange rate movement

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