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Real Effective Exchange Rate (REER)

Kumari Sonali

Real Effective Exchange Rate (REER):

The real effective exchange rate (REER) index of the rupee touched a record 108.14 in November, strengthening by 4.5 per cent during this calendar year, according to the latest RBI data.REER is a weighted average of a nation’s currency value against the currencies of its trading partners, adjusted for inflation.

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