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Dual Exchange Rate

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Dual Exchange Rate
A system where there is a fixed official exchange rate and an illegal market-determined parallel exchange rate.

Notes:
Argentina is an example of a country that adopted a dual exchange rate, it occured after its catastrophic economic troubles in the beginning of 2002.



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manufacturing companies, proposed the establishment of a dual exchange rate for exported manufactured goods.
dollar and rand perspective, taking into account South Africa's dual exchange rate system and local regulations.
 
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