Real exchange rate and Service level agreement: Difference between pages

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The value of a currency in terms of real purchasing power.  
(SLA).  


 
#The SLA formalises the relationship between a company and its service providers (for example banks), by covering the minimum standards of service expected by the company, including key performance indicators (KPIs) and agreed to by the service provider.
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.
#SLAs are also used between one bank and another. For example, where a bank provides services to its own customers indirectly, through a correspondent bank.
 
#More generally, any similar agreement between a customer and a service provider.
It is useful in measuring the price competitiveness of domestic goods in international markets.




== See also ==
== See also ==
* [[Currency]]
* [[Alliance bank]]
* [[Exchange rate]]
* [[Correspondent banking]]
* [[Real]]
* [[Report card]]
* [[SLA partner banking]]


[[Category:Manage_risks]]
[[Category:Compliance_and_audit]]

Revision as of 12:25, 5 April 2016

(SLA).

  1. The SLA formalises the relationship between a company and its service providers (for example banks), by covering the minimum standards of service expected by the company, including key performance indicators (KPIs) and agreed to by the service provider.
  2. SLAs are also used between one bank and another. For example, where a bank provides services to its own customers indirectly, through a correspondent bank.
  3. More generally, any similar agreement between a customer and a service provider.


See also