Nominal annual yield and Real exchange rate: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
No edit summary
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
A yield expressed on a nominal annual rate basis, under the quoting convention for the given market.
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 ==
== See also ==
* [[Nominal annual rate]]
* [[Currency]]
* [[Nominal annual discount rate]]
* [[Exchange rate]]
* [[Yield]]
* [[Real]]


[[Category:Financial_products_and_markets]]
[[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