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38 lessons,
5h 23m
Foreign Exchange Market Part 3
1,153 plays

6.2 exchange rates concepts.

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

Unacademy user
got confused after watching exchange market video🙄
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
a year 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
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