TERMIUM Plus®

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EQUILIBRIUM EXCHANGE RATE [1 record]

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Record 1 1998-07-06

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

The exchange rate when offer and demand are equally balanced.

French

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

La surévaluation du taux de change peut avoir deux origines. La première, c'est une modification des données fondamentales de l'économie, comme une détérioration des termes de l'échange, qui fait baisser le taux de change d'équilibre, c'est-à-dire le taux de change qui secrète un déficit de la balance des paiements courants compatible avec les mouvements de capitaux à long terme.

Spanish

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