real exchange rate
The mean, inflation adjusted value of a nation's currency expressed relative to an index or a weighted basket of other major currencies. The weighting factors used to compute the real exchange rate for a currency are computed by comparing trade balances. The real exchange rate differs from the market determined exchange rate for a currency that instead expresses a currency's present value as it trades in the forex market relative to that of another currency.
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automated bond system (ABS)
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