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The Afghani dollar

TC

Marginal Revolution

22 Aug 2021

Here is the source. The surprises are to me how early the plunge came, how in percentage terms it appears manageable (0.013 to 0.0124 is noticeable but not earth-shattering), and the rebound at the very end. Caveat emptor of course, and almost certainly these markets have a low level of liquidity and possibly are manipulated as well.

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