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Many countries that export to the United States accumulate dollars as payments. They retain these on hand as foreign currency reserves. Without these reserves, the value with the dollar today might be much decreased for a number of factors: Through the years, recessions initially created deflation, but inflation followed https://financefeeds.com/nominations-now-open-for-uf-awards-latam-2025-the-premier-fintech-online-trading-awards/

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