What is the value of a country’s goods against those of another country, a group of countries, or the rest of the world, at the prevailing exchange rate? How does one determine whether a currency is ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Growing remittance flows to emerging and developing economies may lead to real exchange rate appreciation and weaken their ...
We uncover the major drivers of each macroeconomic variable and the real exchange rate at the business cycle frequency in G7 countries. In each country, the main drivers of key macro variables ...