Download This PaperA Real Appreciation for Recent Exchange-Rate Movements
4 Pages Posted: 17 Aug 2015
Date Written: 2015
Abstract
Recent movements in real exchange rates— a measure of relative prices— in the euro area and Japan are consistent with long-run adjustments toward levels predicted by economic fundamentals.
Suggested Citation: Suggested Citation
Pararampuria, Kuhu and Sposi, Michael, A Real Appreciation for Recent Exchange-Rate Movements (2015). Economic Letter, Vol. 10, Issue 7, pp. 1-4, 2015, Available at SSRN: https://ssrn.com/abstract=2643946
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