TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

instability of exchange rates [1 record]

Record 1 2000-07-12

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

Instability of exchange rates is conventionally measured by the variance of exchange rate movements. However, while this statistical measure is useful for comparing degrees of exchange rate fluctuation in different episodes, it is of little relevance when assessing which of alternative exchange rate paths are conducive to the achievement of ultimate macro-economic objectives.

French

Domaine(s)
  • Politique monétaire et marché des changes
CONT

L'instabilité des taux de change est normalement mesurée par la variance des mouvements de taux de change. Cependant, si ce calcul statistique est utile pour comparer les degrés de fluctuation des taux de change au cours de différentes périodes, il est peu opérationnel pour déterminer lequel des différents niveaux de taux de change contribue à la réalisation des objectifs macro-économiques finaux.

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
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