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effective exchange rate造句
1 The comparison of the effective exchange rate and actual rates clearly demonstrates the value and necessity for a weighted exchange rate. 2 And since 1994, the real effective exchange rate of the Chinese Yuan has appreciated by 57.9% against the dollar. 3 Since 1994, the real effective exchange rate of the Chinese yuan has appreciated by 57.9% against the dollar. 4 The real effective exchange rate is the weighted average of a country's currency relative to a basket of other major currencies adjusted for the effects of inflation. 5 The effective exchange rate is an estimation of the value of a currency relative to a group of other currencies, weighted based on the amount of trade between the countries. 6 Appendix 3 Exchange Rate Comparisons Table 9.6 shows data for the sterling effective exchange rate as well as for other currencies. 7 While the nominal dollar-yen exchange rate has depreciated some 25 percent since 2008, the real effective exchange rate remains well below the peak seen in the mid-90s. 8 For example, take the number of euros or dollars needed to buy the same item -- an iPod, in one oft-used example -- and come up with an effective exchange rate for those currencies. 9 Prasad, the Brookings economist, said thanks to the political shift in Congress and the inflation-driven rise in the yuan's real effective exchange rate, both sides feel less pressure now. 10 In any case, as Chart 1 below shows, there has been a steady appreciation of the real effective exchange rate of the Yuan since the beginning of 2005. 11 Research shows that short-term pass-through effect of RMB nominal effective exchange rate to import price index for -0. 12 China is enough of a market economy that it cannot manipulate its real effective exchange rate. 13 As a result, a basket of currencies based on the effective exchange rate appreciation will continue. 14 If we use the rise in labor costs as the de facto inflation index - instead of the CPI - to compute the real effective exchange rate, the yuan has appreciated 50 percent already since 2005. 15 If China were to adjust the value of the yuan based on its effective exchange rate, it could mean less focus on the bilateral yuan-dollar rate. 16 However, since the yuan has been pegged to a basket of currencies since 2005, we should look beyond the yuan-US dollar exchange rate and take into consideration the real effective exchange rate. 17 At present, the most viable option is based on a hanging basket for a managed float , the goal is to maintain an effective exchange rate basically stable. 18 Standard Chartered economist Stephen Green said the statement appeared to be part of an 'education campaign' on the importance of the effective exchange rate. 19 As of August, the latest data available, the BIS index of the dollar's effective exchange rate was less than 92, or roughly 8% below what some might consider fair, or equilibrium, value.