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Definition of

effective exchange rate

Currency & Exchange

exchange rate of one currency against others a rate of exchange for a currency calculated against a group of currencies whose values have been weighted

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Definitions of ’effective exchange rate’ and meaning of ’effective exchange rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’effective exchange rate’ and other financial terms with our online QFINANCE Financial Dictionary.

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