Title English:
real effective exchange rate
Acronym English:
REER
Definition English:
The weighted average of a country's currency relative to an index or basket of other major currencies adjusted for the effects of inflation. The weights are determined by comparing the relative trade balances, in terms of one country's currency, with each other country within the index.
Title Arabic:
سعر الصرف الاسمي الفعلي
Domain:
Economic Development
Subject:
Banking Statistics
InformationType:
Term
SourceSymbol:
E/ESCWA/EDGD/2008/3
Link: