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Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.
The Philippine Army of today was initially organized under the National Defense Act of 1935 (Commonwealth Act No. 1) that formally created the Armed Forces of the Philippines. The act specified that insofar as may be practicable, original appointments by the President in grades above third lieutenant "shall be made from among those formerly ...