Sentences with phrase «nominal exchange rate»

The large nominal exchange rate appreciation also helped to contain inflationary pressures in an environment of strong growth in domestic demand and a decline in the unemployment rate to relatively low levels.
I use the term «forecast» somewhat loosely, since these are conditioned on a range of assumptions, such as a fixed nominal exchange rate and a particular path for the cash rate, and hence could better be described as «projections».
Thank God someone in the US government understands that Japan is being hurt by falling NGDP, and that the easier money required to end the deflation will likely lead to a lower nominal exchange rate.
I am confused because I read somewhere that if among two currencies with a stable nominal exchange rate one of the currencies is overvalued then there is a pressure on it to depreciate.
Policymakers in many economies still have implicit or explicit mandates to limit the variability of their nominal exchange rate against that of their major trading partners.
So the nominal exchange rate would change too, with both countries holding their price levels constant.
The nominal exchange rate would have to return to its long run value following an aggregate demand shock.
It seems to me that two countries with a price level target will effectively have a nominal exchange rate target, which could make for interesting interactions between foreign and domestic mon pol.
One of the things that can help is an appreciation in the nominal exchange rate.
If the nominal exchange rate does not adjust, then an alternative is for the real exchange rate to appreciate via a rise in wages and domestic prices.
Much of that occurred via the nominal exchange rate, which appreciated by a little more than 50 per cent over that period.
In addition to the nominal exchange rate depreciation, low growth in labour costs is helping to improve Australia's international competitiveness and has encouraged more employment growth than would otherwise have occurred.
While significant, the appreciation follows a period in which both real and nominal exchange rates were considerably below their average values over the post-float period (Graph 67).
For example, suppose the nominal exchange rate of interest is 13 Mexican pesos to 1 U.S. dollar.
And we can think of our expected nominal return as that expected real return plus our domestic inflation rate, without needing to incorporate the nominal exchange rate.
Specifically, we offer bounty hunters two payout models: in tokens or immediately in fiat currency (converted according to the nominal exchange rate).
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