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Oct 12, 2022

SYP vs USD: I Do Not Think It Means What You Think It Means

I don't get it when they say the SYP–USD exchange rate is at its HIGHEST LEVEL EVER, or at a "RECORD HIGH"!


Yeah, it's an upward-trending series, so it is at its highest level "ever" most of the time.


It's more about the pace of depreciation.

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