Sentences with phrase «real exchange»

Information on real yields suggests that much of this move reflects expected declines in real exchange rates.

So the potential swings in real exchange rates, even if well - behaved in terms of the model, are much greater for emerging markets.

But if there are real shocks, the equilibrium real exchange rate would probably change too.

Yet there are some others, such as Singapore or Hong Kong, who have already largely completed their productivity catch - up with the advanced economies, and the associated real exchange rate appreciation.

At an unchanged real exchange rate, this extra demand, combined with a tendency for productive resources to shift towards the export sector, implies an excess demand for non-traded goods and services.

Depending on which countries you include in the analysis, the expected real exchange rate appreciation in a basket of emerging market currencies should be about 50 bps annually.

This propels an increase in the emerging market consumption basket relative to the developed market consumption basket, resulting in a rising real exchange rate.

Industrial production and merchandise exports are still expanding rapidly, fuelled by depreciations in real exchange rates, a resurgent world economy and ongoing strength in China, which has boosted intra-Asian trade (Graph 8).

In a 2016 essay titled Long - Term Asset Returns, Dimson, Marsh, and Staunton showed that between 1900 and 2015 real exchange rates globally were quite volatile, but did not appear to exhibit a long - term upward or downward trend.

It eliminated a 6 % tax foreigners had to pay to invest in Brazilian local bonds and then cut a 1 % tax on currency derivatives in a bid to stabilize the real exchange rate.

Yet, the real exchange value of the dollar today is not terribly different from what it was in the early 1990s (Chart 2).

There are a number of countries — China not least among them — whose prospective rates of productivity growth over the decades ahead will surely mean a substantial increase in their real 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.

The country economic variables they consider are: (1) interest rates; real Gross Domestic Product (GDP) growth; real money growth (from currency in circulation); and, real exchange rates.

on the prominence of fake digital currency websites, which appear identical to real exchanges in order to defraud investors and phish users» account information.

Real exchange rates, however, were fairly stable, with local exchange rate and inflation rate differences tending to cancel (maintaining purchasing power parity).

Recently, Coinsquare Discover reported on the prominence of fake digital currency websites, which appear identical to real exchanges in order to defraud investors and phish users» account information.

The link between labour costs and competitiveness can be illustrated by a measure of the real exchange rate based on unit labour costs (the real trade weighted index (TWI) in Graph 15).

Over the decade to 2011, the real exchange rate appreciated significantly, consistent with the rise in the terms of trade and the mining investment boom.

We don't have hidden charges — transfers use the «real exchange rate», which is always shown clearly on the app.

With Revolut, users can set up an app - based current account in 60 seconds, spend abroad in over 150 currencies with no fees, hold and exchange 25 currencies in - app and send free domestic and international money transfers with the real exchange rate.

Edwards S (1998), «Capital Flows, Real Exchange Rates and Capital Controls: Some Latin American Experience», NBER Working Paper 6800.

In contrast, the real exchange rate against the currencies of non-Japan Asia is around 12 per cent above its average value, reflecting the depreciation of these currencies at the time of the Asian crisis, and more recently, their close link to the weakening US dollar.

This follows a period during which the real exchange rate was well below its average value for the post-float period (Graph 67).

If the Bank of Canada does what it is supposed to do, and what it says it does, then a temporary increase in the fiscal deficit will cause a temporary rise in the nominal and real interest rate (and nominal and real exchange rate), relative to what would have happened otherwise.

The appreciation over the past couple of years has returned the real exchange rate to a level broadly consistent with its historical relationship with the terms of trade, after a period of unusual weakness in the currency between 1999 and 2002 (Graph 68).

This allows you to hold and exchange up to 25 currencies with the real exchange rate.

And... IF my community members show the need for the second site (TLS), that is, the willingness to actually engage in a real exchange of communication, the willingness to listen, and to write with a careful choice of words... to heal rather than to take advantage of the wounded... then, I may consider recommending the TLS site.

International coordination plays no role in inflation targeting; there are no requirements on external imbalances; indeed, external imbalances and the real exchange rate are technically jointly determined by aggregate demand — for example a tough fiscal policy, reducing aggregate demand, implies ceteris paribus an external surplus.

«At the time there was no real exchange of information about heat treatment,» Merieux told the French press this week.

This relationship between productivity and the real exchange rate is known as the Balassa — Samuelson effect.4 Emerging markets» higher rates of productivity growth drive higher wage growth and, therefore, higher price inflation in non-tradable goods.

This drives higher inflation and thus appreciation in the real exchange rate in the economy with faster - growing productivity.3

In fact, the long - run expected increase in the real exchange rate between two countries can be approximated by the difference in productivity growth rates (estimated by real per capita GDP growth rates).

The expected real return for investing in foreign bonds is the real yield on the bonds, less defaults, plus any movements in the real exchange rate.2 So what drives movements in the real exchange rate?

For an excellent short primer on the real exchange rate, see Catao (2007).

I am a bit puzzled about how the rising inflation in China as compared to that in US amkes the Chinese currency to appreciate as per the real exchange rate.

«Focus on the exchange rate your bank or broker gives you, and compare it against the real exchange rate on Reuters or XE.

Also marked up by a third over the real exchange rate.

By its very appearance and the logic of the artisanal process of its content, How to Work Better also reflects the status of the public work of art as a «fetish of polarization» (Grasskamp [sic]-RRB-, without any real exchange value or utility.

He writes, «what we have here is a real exchange of capital: financial capital on the part of the sponsors and symbolic capital on the part of the sponsored».

So why talk about debate, which implies there might be a real exchange of views, when Dion says there's no need for such an exchange?

Yes, that was a real exchange.

Highlighted in last year's GC Powerlist as a «company of tomorrow», payments firm TransferWise has since grown to serve over two million customers, offering what it calls «the real exchange rate».