|
|
Real exchange rate |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Real exchange rate1. The nominal exchange rate adjusted for inflation. Unlike most other real variables, this adjustment requires accounting for price levels in two currencies. The real exchange rate is: R = EP*/P where E is the nominal domestic-currency price of foreign currency, P is the domestic price level, and P* is the foreign price level. 2. The real price of foreign goods; i.e., the quantity of domestic goods needed to purchase a unit of foreign goods. Equals the reciprocal of the terms of trade. Equivalent to definition 1. 3. The relative price of traded goods in terms of nontraded goods.Similar MatchesForward exchangeForward exchangeA type of foreign exchange transaction whereby a contract is made to exchange one currency for another at a fixed date in the future at a specified exchange rate. By buying or selling forward exchange, business protect themselves against a decrease in the value of a currency they plan to sell at a future date. Foreign exchangeForeign exchangeForeign currency; any currency other than a country's own. Stock Exchange Daily Official List codeStock Exchange Daily Official List codeA seven digit unique number used as an identifier for a security listed on the London Stock Exchange. Stock Exchange Automated Trading System PLUSStock Exchange Automated Trading System PLUSSEAT Plus is a trading system which handles the trading of all AIM and listed UK equities whose turnover is insufficient for the market making system or the Stock Exchange Electronic Trading Service (SETS). Foreign exchange marketForeign exchange marketThe exchange market. Further SuggestionsSouth African Futures Exchange (SAFEX)Tokyo Stock Exchange (TSE) Forward exchange transaction stock exchange Hong Kong Futures Exchange (HKFE) Amman Stock Exchange European Options Exchange (EOE) Exchange rate overshooting Regional stock exchanges Recognised Investment Exchange Sydney Futures Exchange (SFE) Stock Exchange of Singapore (SES) Banner exchange Boston Exchange Automated Communication Order Routing Network (BEACON) Exchange offer Kuala Lumpur Stock Exchange (KLSE) Karachi Stock Exchange Shanghai Stock Exchange Bill of exchange Exchangeable instrument Exchange Ratio Johannesburg Stock Exchange (JSE) New York Futures Exchange (NYFE) Mexican Stock Exchange Chicago Mercantile Exchange |
|
|
|