英语词汇“effective exchange rate”的翻译、意思、用法、释义-英汉经管词典

单词	effective exchange rate
释义	effective exchange rate A country's exchange rate, taking a weighted average of its bilateral nominal exchange rates against other currencies. The weights are normally based on the value of trade with other countries. The effective exchange rate is a nominal and not a real exchange rate, but it helps to explain the contribution of exchange rates to changes in a country's competitiveness better than simply looking at its rate against one currency, for example the US dollar, which may be distorted by variations peculiar to the particular foreign currency chosen.
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