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单词 effective exchange rate
释义
effective exchange rate
noun [ C, usually singular ]
ukus(abbreviation EXR); (also trade-weighted exchange rate)
ECONOMICS, FINANCE
a way of measuring the value of a country's currency in relation to the currency of other countries that it trades with:
The euro's effective exchange rate has remained unchanged compared with the level at the end of August.
The real effective exchange rate is an indicator of a country's competitiveness.
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更新时间:2024/11/13 15:34:04