| 单词 | real exchange rate |
| 释义 | real exchange rate noun[C] ukusECONOMICS,FINANCE therateat which thecurrencyof onecountrywould bechangedfor another ifdifferencesinpricesandwagesbetween the twocountriesare taken intoaccount. Realexchangeratesare used tocomparethevaluesofcurrenciesovertimewhenconsideringthe differentratesofinflationin differentcountries: Evidencesuggeststhatcountrieswhichaimatmaintainingcompetitiverealexchangeratesperformbettereconomicallythan those which do not. Examplesofreal exchange ratereal exchange rate In other words, original sin tends to make the fiscal balance dependent on therealexchangerateand the short term real interest rate. From Wikipedia  This 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. From Wikipedia This 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. From Wikipedia This 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. From Wikipedia This 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. From Wikipedia This 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. From Wikipedia This 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. From Wikipedia This 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. From Wikipedia This 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. From Wikipedia This 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. From Wikipedia This 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. |
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