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Glossary   >   D   >   "Dual Exchange Rate" Definition            Dual Exchange Rate A system where there is a fixed official exchange rate and an illegal market-determined parallel exchange rate. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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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.