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Direct Exchange Rate

    0.01 sec.
Direct Exchange Rate
The home currency price of one unit of a foreign currency.


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Bergin and Lin find that currency unions and direct exchange rate pegs raise trade through distinct channels.
20) Thirdly, a direct exchange rate effect on inflation, which takes one period, will occur through a decline in inflation of imported goods as the currency strengthens.
32 [pounds sterling] (with direct exchange rates, about $13.
 
 
 
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