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HASSET Thesaurus

Concept information

SOCIO-ECONOMIC INDICATORS > ECONOMIC INDICATORS > EXCHANGE RATES > EFFECTIVE EXCHANGE RATES
ECONOMICS > ECONOMIC INDICATORS > EXCHANGE RATES > EFFECTIVE EXCHANGE RATES
... > ECONOMICS > FINANCE > MONETARY ECONOMICS > INTERNATIONAL MONETARY SYSTEM > EXCHANGE RATES > EFFECTIVE EXCHANGE RATES
ECONOMICS > INTERNATIONAL ECONOMICS > INTERNATIONAL MONETARY SYSTEM > EXCHANGE RATES > EFFECTIVE EXCHANGE RATES

Preferred term

EFFECTIVE EXCHANGE RATES  

Definition

  • A COUNTRY'S EXCHANGE RATE, TAKING A WEIGHTED AVERAGE OF ITS BILATERAL NOMINAL EXCHANGE RATES AGAINST OTHER CURRENCIES. THE WEIGHTS ARE NORMALLY BASED ON THE VALUE OF TRADE WITH OTHER COUNTRIES.

Broader concept

Entry terms

  • EER (ECONOMICS)

History note

  • TERM CREATED JANUARY 2008

Keyword search

Definition source

  • DE-2017

URI

https://hasset.ukdataservice.ac.uk/9d1d0295-4762-4942-b583-921c82a5223d

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