单词
real exchange rate
释义
real exchange ratenoun[C]uk
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ECONOMICS,FINANCEtherateat which thecurrencyof onecountrywould bechangedfor another ifdifferencesinpricesandwagesbetween the twocountriesare taken intoaccount. Realexchangeratesare used tocomparethevaluesofcurrenciesovertimewhenconsideringthe differentratesofinflationin differentcountries:Evidencesuggeststhatcountrieswhichaimatmaintainingcompetitiverealexchangeratesperformbettereconomicallythan those which do not.(Definition ofreal exchange ratefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofreal exchange rate
real exchange rateIn other words, original sin tends to make the fiscal balance dependent on therealexchangerateand the short term real interest rate.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Therealexchangerateis then equal to the nominal exchange rate, adjusted for differences in price levels.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The real interest rate andrealexchangeraterequire a measure of the price level, often calculated only quarterly and never more often than monthly.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This active exchange rate management allowed the 4 tiger economies to avoid exchange rate appreciation and maintain a stablerealexchangerate.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.If purchasing power parity held exactly, then therealexchangeratewould always equal one.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In this case, therealexchangeratewould depreciate and the growth rate would increase.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This is contrary to economic theory which predicts that with full risk sharing, relative consumption should be perfectly correlated with therealexchangerate.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Thus therealexchangerateis the exchange rate times the relative prices of a market basket of goods in the two countries.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.But therealexchangeratewas allowed to fall by 10 percent in 1986 and by a further 9 percent in 1987.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The resulting rise in therealexchangeratetranslated into increased imports and slowed the expansion of exports.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/real-exchange-rate##