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From Longman Business Dictionaryunofficial exchange rateˌunofficial exˈchange rateFINANCE an exchange rate that is not set by a government but is one that people really use, for example on the BLACK MARKETHis official monthly salary of 500 rubles is now worth only about $18.60 at the widely used unofficial exchange rate. → exchange rate
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Word of day

June 27, 2025

carafe
noun kəˈræf, kəˈrɑːf
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