foreign prices

What Are Real Changes In Exchange Rates? If a countries real exchange rate is rising, it means its goods are becoming more expensive relative to its competitors. An increase in the real exchange rate means people in a country can get more foreign goods for an equivalent amount of domestic goods. What is real and

What Is The Real Effective Exchange Rate? The nominal effective exchange rate is measured with the nominal parts (therefore without taking account of the differences in purchasing power between the two currencies), while the real effective exchange rate includes price indices and their trends. What is real effective exchange? The real effective exchange rate (REER)