In which country ADR are used ?
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RIO of Brazil
The most traded ADR stock is RIO of Brazil while the least traded is CHRT of Singapore.
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☆ An American depositary receipt (ADR) is a certificate issued by a U.S. bank that represents shares in foreign stock.
☆ ADRs trade on American stock exchanges.
☆ ADRs and their dividends are priced in U.S. dollars.
☆ ADRs represent an easy, liquid way for U.S. investors to own foreign stocks.
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