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38 lessons,
5h 23m
Foreign Exchange Market Part 3
854 plays

6.2 exchange rates concepts.

Mohini Jain
Gold medalist in Economics and graduate from St. Francis. Loves to read novels.

Unacademy user
Thanks mam ... Very clear to understand...
NEER is adjusted for inflation , takes into account current scenario , but REER as you said is real , must be taking into account base year how can it capture inflation then ?
Mohini Jain
6 months ago
Thats just terminology... It's said in different ways... :)
Going very fast ... slow down the rate of explanation
What is real exchange rate ? After calculating we get 5rs as real exchange rate. Where we will use this 5rs ? In which context we use ?
Why we should calculate NEER first then only we should calculate REER ? Please clarify