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trade-weighted exchange rate [1 record]

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Record 1 1988-08-09

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

From 1980 to 1982, the US dollar appreciated 40% on a trade-weighted average basis against 10 major currencies. In evaluating the effect of exogenous exchange-rate movements on inflation, a good rule to follow is that a 10% depreciation of the dollar's real trade-weighted exchange rate causes consumer prices to rise between 1.50% and 1.75%.

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

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