PS7/13 and Real exchange rate: Difference between pages

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


The UK Prudential Regulatory Authority's Policy Statement 7 of 2013.


PS7/13 sets out the related rules and supervisory statements to implement the EU's CRD IV in the UK.
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 ==
* [[AT1]]
* [[Currency]]
* [[Basel II]]
* [[Exchange rate]]
* [[Basel III]]
* [[Real]]
* [[Capital adequacy]]
* [[Capital Requirements Directive]]
* [[Common Equity Tier 1]]  (CET1)
* [[CRD IV]]
* [[Prudential Regulation Authority]]
* [[Tier 2]]  (T2) - Tier 2 capital


[[Category:Accounting,_tax_and_regulation]]
[[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