The nominal exchange rate is relevant , but more relevant is the real effective exchange rate reer , which also takes into account the inflation rate and the trade patterns 名义汇率是相关的指标,但更恰当的是实质汇率因为把通胀率与贸易结构模式也计算在内。
Even ignoring the fallacy of competitive devaluation , this claim assumes that the nominal exchange rate on its own is a reliable measure of an economy s competitiveness 即使我们撇开竞争性贬值的谬误不谈,这个意见假设名义汇率本身是评估经济竞争力的可靠指标。
If they should decide to reduce the current account surplus , should they allow faster appreciation of the nominal exchange rate or overheating and faster inflation 如果他们决定减少经常账户盈余,那么他们是否应该允许名义汇率更快上升,或是经济过热和通胀加速?
During the same period , the reers for other asian currencies had appreciated by various degrees , reflecting both a rebound in nominal exchange rates as well as high domestic inflation 同期,其他货币的实质汇率则有所升值,升幅各有不同,反映名义汇率回升及当地物价上涨。
During the same period , the reers for other asian currencies have appreciated by various degrees , reflecting both a rebound in nominal exchange rates as well as higher domestic inflation 。同期,其他货币的实质汇率则有所升值,升幅各有不同,反映名义汇率回升及当地物价上涨。