Business, Legal & Accounting Glossary
An index number that assesses the value of a country’s currency by measuring it against the weighted average of other leading currencies. This index is regulated by the IMF who ensures quality by regularly updating the value of the various currencies within the index to reflect the true appreciation or depreciation of the home currency.
REER
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Definitions for Real Effective Exchange Rate are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.