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The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
This led to a managed flexible-exchange-rate system with agreement among major countries that they would try to coordinate exchange rates based on price indexes.
The real exchange rate based on constant price to eliminate the effect of price change
The country\'s exchange rate is based on supply and demand for its currency. When a larger amount of currency is in demand, the money exchanges at a higher price.
As one countries economy rises, the other countries may fall. The change in the exchange rate fluctuates with the differing economy from the differing countries. It doesn't only happen with dollars to pesos but with all types of foreign currency.
The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.
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This led to a managed flexible-exchange-rate system with agreement among major countries that they would try to coordinate exchange rates based on price indexes.
Current exchange rate for the stock market is different for every country. Encyclopedia should have a lot more information on the exchange rate from countries to countries.
The real exchange rate based on constant price to eliminate the effect of price change
Forex Exchange rate is the rate of exchange for currencies that are Foreign to us or from different countries. You may want to check out a Bank Website. www.td.com www.royalbank.com
The country\'s exchange rate is based on supply and demand for its currency. When a larger amount of currency is in demand, the money exchanges at a higher price.
A fall in a country's exchange rate will lower its relative wage, and a rise in a country's exchange rate will raise its relative wage.Microeconomics
The Financial Section
As one countries economy rises, the other countries may fall. The change in the exchange rate fluctuates with the differing economy from the differing countries. It doesn't only happen with dollars to pesos but with all types of foreign currency.
While no type of exchange rate system guarantees safety, current research favors the idea that countries that adopt a Pegged Exchange Rate may be more vulnerable to an exchange rate crisis. (pg 273, Gerber) International economics James Gerber
It measures the quantity of the real GDP of other countries that you get for a unit of your countries real GDP