Effective exchange rate
The effective exchange rate is an index that describes the strength of a currency relative to a basket of other currencies. Typically it is calculated using geometric weighting.
The effective exchange rate is an index that describes the strength of a currency relative to a basket of other currencies. Typically it is calculated using geometric weighting.
The effective exchange rate is an index that describes the strength of a currency relative to a basket of other currencies. Typically it is calculated using geometric weighting.
Source: Wikipedia "Effective exchange rate" · CC BY-SA 4.0
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