FMSB and Real exchange rate: Difference between pages

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imported>Doug Williamson
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FICC Markets Standards Board.
The value of a currency in terms of real purchasing power.  


The Fixed Income, Currencies and Commodities Markets Standards Board.


It is calculated by comparing the price of a hypothetical market basket of goods in two different countries, translated into the same currency at the prevailing exchange rate. 


==See also==
It is useful in measuring the price competitiveness of domestic goods in international markets.
* [[Accounting Standards Board]]
 
* [[Conduct risk]]
 
* [[FICC]]
== See also ==
* [[Currency]]
* [[Exchange rate]]
* [[Real]]
 
[[Category:Manage_risks]]

Latest revision as of 23:46, 11 March 2023

The value of a currency in terms of real purchasing power.


It is calculated by comparing the price of a hypothetical market basket of goods in two different countries, translated into the same currency at the prevailing exchange rate.

It is useful in measuring the price competitiveness of domestic goods in international markets.


See also