External Value

External Value

The value of a currency expressed in terms of another currency. For example, if an analyst says one pound is worth two dollars at a given time, he/she is expressing an external value of the pound. This contrasts with expressing a currency in terms of itself (which is especially relevant because of inflation). See also: Purchasing power parity.
References in periodicals archive ?
Against a backdrop of declining oil prices, accommodative monetary policy and a relatively weak external value of the euro, the economic recovery this year has been resilient and widespread across Member States.
In 2015, the economic recovery has been resilient and widespread across member states thanks to factors such as decreasing oil prices and a relatively weak external value of the euro.
Presenting the forecast in a press conference EU Commissioner for economic and financial affairs Pierre Moscovici noted that due to declining oil prices and a relatively weak external value of the euro, the economic recovery this year has been resilient and widespread across EU Member States.
Therefore, the risk of imported inflation through a weakening of the external value of the Saudi riyal seems ruled out for now.
Joey has displayed all the qualities that the selection committee looks for in award candidates including strong ethics, vision and leadership, innovative business achievements, and social/environmental responsibility, providing external value to his organization.
The SA government has consistently undermined the Rand's external value to the detriment of all other members who must also trade in it.
The company also demonstrates a high ability to leverage external value drivers and flexibility to deliver both end-to-end and point solutions.
By capitalising on $200 billion of internal and external value creation, service providers can complement their business, creating new revenue streams, by becoming the "Network Infomediary".
In essence these steps, which are in line with the classic monetary policy response to check currency depreciation, represent RBI's effort to stabilise the external value of the currency by raising interest rates.
Video conferencing in any business setting must enable effortless and reliable connectivity with both the internal as well as external value chain," said Industry Director Roopam Jain.
This seemed to be a veiled attack on French President Francois Hollande who said recently that the external value of the euro should not be left to market forces.
The external value of the drachma would be fixed at two drachma to the euro, supported by the ECB and the Bank of Greece, giving rise to a 50 per cent depreciation (although a smaller depreciation could be selected).

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