GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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22:26 Apr 29, 2006 |
Greek to English translations [PRO] Bus/Financial - Economics | |||||||
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| Selected response from: Nick Lingris United Kingdom Local time: 22:01 | ||||||
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Summary of answers provided | ||||
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4 +6 | the euro's (real) trade-weighted exchange rate |
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the euro's (real) trade-weighted exchange rate Explanation: http://www.google.com/search?num=100&hl=en&lr=&c2coff=1&rls=... -------------------------------------------------- Note added at 13 mins (2006-04-29 22:40:12 GMT) -------------------------------------------------- Όσο για τη δεύτερη ερώτηση, αν και θα έπρεπε να μπει χωριστά, προτείνω: after four years of steady / sustained appreciation -------------------------------------------------- Note added at 15 hrs (2006-04-30 13:40:00 GMT) -------------------------------------------------- Αντιγράφω εδώ τις πληροφορίες από τον σύνδεσμο της Ρενάτας: Q. What is an effective or trade-weighted exchange rate? Determining the "value" of the dollar becomes more complex when considering overall U.S. commodity or agricultural exports because there are few instances in which a commodity is exported only to a single country. For this, the analyst needs a measure of value that accounts for how the dollar is performing against the currencies of many countries—an effective exchange rate. This measure of value is constructed by taking weighted averages of bilateral exchange rates and combining them into a single index. The countries and the weighting scheme would depend on the market (commodity) being examined and the issue being raised. In the ERS exchange rate data set a fixed-weight scheme is used, with the weights calculated as 3-year averages (1998-2000). For market indexes, the weights are the shares of U.S. exports during the 1998-2000 period for a particular commodity or category. For the competitors' indexes, weights are country shares during the 1998-2000 period of world exports (excluding U.S. exports) for a particular commodity or category. For suppliers' indexes, weights are country shares during 1998-2000 of U.S. agricultural imports for a particular commodity or category. The real exchange rate indexes are calculated by multiplying the U.S. dollar exchange rate by the ratio of consumer price indexes in the United States and the foreign country. This real rate is then divided by its 1995 exchange rate to form an index. Next, its share of trade in the particular commodity category multiplies each country's real exchange rate (now in index form). The final step is to sum all of the weighted rates across countries to get that commodity's indexed exchange rate. In this way, countries with larger trade shares play a more important role in determining the overall trade-weighted index. Παράδειγμα εδώ: http://www.ers.usda.gov/Data/exchangerates/derived.htm |
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