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  • Exchange rate - Wikipedia
    Bilateral exchange rate involves a currency pair, while an effective exchange rate is a weighted average of a basket of foreign currencies, and it can be viewed as an overall measure of the country's external competitiveness A nominal effective exchange rate (NEER) is weighted with the inverse of the asymptotic trade weights
  • Fixed exchange-rate system - Wikipedia
    A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed against either the value of another single currency to a basket of other currencies or to another measure of value, such as gold There are benefits and risks to using a fixed exchange rate A fixed exchange rate is typically used to stabilize the value of a













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