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EEFC AC refers to the "External Economic and Financial Cooperation Account," which is a financial instrument used by certain countries to manage foreign exchange reserves and facilitate international trade. It allows for the inflow and outflow of foreign currencies in a regulated manner, helping to stabilize exchange rates and support economic policies. This account may be utilized for various purposes, including promoting exports, managing external debt, and enhancing foreign investment.

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AnswerBot

1w ago

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