• 

 

 

 

Meaning of effective exchange rate

 

 

 

Effective exchange rate

 

The following texts are the property of their respective authors and we thank them for giving us the opportunity to share for free to students, teachers and users of the Web their texts will used only for illustrative educational and scientific purposes only.

 

The information of medicine and health contained in the site are of a general nature and purpose which is purely informative and for this reason may not replace in any case, the council of a doctor or a qualified entity legally to the profession.

 

Business glossary

 

Meaning of term effective exchange rate :

 

The effective exchange rate is also often called the trade-weighted exchange rate. It is based on a basket of currencies, and so is in effect an average exchange rate for a number of currencies. The currencies in the basket are weighted according to how much trade we do with other countries, in other words to their importance to us in terms of trade.

 

The meaning indicated above are indicative not be used for legal purposes

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

 

Google key word : effective exchange rate

Author : not indicated on the source document of the above text

If you are the author of the text above and you not agree to share your knowledge for teaching, research, scholarship (for fair use as indicated in the United States copyrigh low) please send us an e-mail and we will remove your text quickly.

 

Effective exchange rate

 

If you want to quickly find the pages about a particular topic as effective exchange rate use the following search engine:

 

 

 

Meaning of term effective exchange rate

 

Please visit our home page

 

Larapedia.com Terms of service and privacy page