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 ?
The Task Force was set up to examine the issues relating to the offshore Rupee markets in depth and recommend appropriate policy measures while factoring in the requirement of ensuring stability of the external value of the Rupee including measures for incentivising non-residents to access the onshore foreign exchange market.
The App integrates various sales tools, catalogues, infographics, marketing collaterals and quizzes, offering a holistic perspective of the suite of products for both internal and external value chain.
Our central bank - the SBP - has historically been unable to exercise its de jure authority as to its core functions like formulating and conducting monetary and credit policy and maintenance of the external value of the currency.
i.) reasonable stability in the internal price level; (ii.) stability in the external value of the currency; and (iii.) balance of payments equilibrium.
The adverse balance of trade accompanied with adverse balance of payments resultantly would have negative impact on the external value of the domestic currency.
The external value of a depreciating national currency falls making devaluation a continuing cycle with short breaks.
Meanwhile, the external value of the dollar appreciated against most other currencies.
Gold prices are sensitive to interest rate hike and inversely correlated to the external value of the US dollar.
'Exchange rate: the peso's external value.' The peso exchange rate could be the channel for the risk.
The exchange rate peg provides an anchor for monetary, which contributes to controlling inflation and protecting the external value of currency.
On the website of the QNI Report, the study emphasised that: "For that purpose, the QNI measures both the internal value of nationality, which refers to the quality of life and opportunities for personal growth within our country of origin, and the external value of nationality, which identifies the diversity and quality of opportunities that our nationality allows us to pursue outside our country of origin."
Some of the main responsibilities of the Bank include managing the country's foreign exchange reserves, protecting the external value of the currency and acting as banker for the Government of Trinidad and Tobago.

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