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Currency

Value date

The date on which the currency for settlement reaches its maturity is known as the maturity date. This typically takes place two business days after the trade has been executed, except for Canada where it is only one day. It is a crucial aspect of finance that requires careful consideration and understanding in order to make informed decisions. As a knowledgeable professor, I will guide you through the complexities of this term and help you grasp its significance in the world of finance.
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