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Learn about American Depositary Receipts (ADRs), a type of financial instrument that allows investors to trade shares of foreign companies on U.S. stock exchanges. ADRs are issued by banks and represent ownership in a foreign company's shares. They offer benefits such as increased liquidity, ease of trading, and currency hedging. Discover the basics of ADRs, including how they work, types of ADRs, and the advantages and disadvantages of investing in them.

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