the real exchange rate (RER). Most people are familiar with the nominal exchange rate, the price of one currency in terms of another. It's usually expressed as the domestic price of the foreign ...

Citations: Rebelo, Sergio, Benjamin Johannsen, Martin Eichenbaum. 2021. Monetary Policy and the Predictability of Nominal Exchange Rates. Review of Economic Studies. (1)192-228..

In exchange the investors get a fixed return ... It should not be used in isolation and can at best be used as a reference rate. Nominal Yield (%) = (Total coupon payments in a year÷Par value ...

Our study began with the construction of new monthly indices of national real commodity export prices and the gathering of monthly real exchange rate data for 58 commodity-exporting countries for the ...

1 Read more about CEER in our staff discussion paper, “A New Measure of the Canadian Effective Exchange Rate.” CEER is constructed on a nominal and real basis for four measures to assess the evolution ...