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Exchange rate nzd to aud history


exchange rate nzd to aud history

rate:The nominal exchange rate eliminating inflation Factors affecting the change of exchange rate edit. Exchange rate classification edit om the perspective of bank foreign exchange trading (1)buying rate: Also known as the purchase price, it is the price used by the foreign exchange bank to buy foreign currency from the customer. There are various ways to measure RER. (2)Selling rate:Also known as the foreign exchange selling price, it refers to the exchange rate used by the bank to sell foreign exchange to customers.

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Journal of Economic Development. The currency exchange rate immediately fell. Scal and monetary policy Although the influence of monetary policy on the exchange rate changes of a countrys government is indirect, it is also very general, the huge fiscal revenue and expenditure deficit caused by expansionary fiscal and monetary policies and inflation will devalue the. Real exchange rate equilibrium and misalignment edit The Real Exchange Rate (RER) represents the nominal exchange rate adjusted by the relative price of domestic and foreign goods and services, thus reflecting the competitiveness of a country with respect to the rest of the world. "Real exchange rate overvaluation and currency crisis: evidence from Thailand". (2)Market rate: The market exchange rate refers to the real exchange rate for trading foreign exchange in the free market. Cording to the length of delivery after foreign exchange transactions (1)spot exchange rate: It refers to the exchange rate of spot foreign exchange transactions. Clark, Peter.; MacDonald, Ronald (1998). This is the exchange rate (expressed as dollars per euro) times the relative price of the two currencies in terms of their ability to purchase units of the market basket (euros per goods unit divided by dollars per goods unit).

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