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Ukraine is starting to consider a shift away from the U.S. dollar, possibly linking its currency more closely to the euro ...
Money is something we use almost every day. It feels familiar, constant, and straightforward. But the moment you cross a border or look at a foreign exchange rate, things get weird quite quickly.
We first estimated the invoicing currency exchange rate pass-through and found that export prices invoiced in producer currency are the most rigid. Among local currency or vehicle currency use, US ...