real effective exchange rate

简明释义

真实实际汇率

英英释义

例句

1.A decline in the real effective exchange rate 实际有效汇率 can boost a country's competitiveness.

下降的实际有效汇率 real effective exchange rate 可以提升一个国家的竞争力。

2.The country's real effective exchange rate 实际有效汇率 has increased, making its exports more expensive.

该国的实际有效汇率 real effective exchange rate 上升，使其出口变得更加昂贵。

3.The central bank adjusted interest rates to influence the real effective exchange rate 实际有效汇率.

中央银行调整利率以影响实际有效汇率 real effective exchange rate。

4.Analysts predict that the real effective exchange rate 实际有效汇率 will stabilize in the coming months.

分析师预测，未来几个月内实际有效汇率 real effective exchange rate 将会稳定。

5.Investors closely monitor the real effective exchange rate 实际有效汇率 for signs of economic health.

投资者密切关注实际有效汇率 real effective exchange rate 以寻找经济健康的迹象。

作文

The concept of the real effective exchange rate is crucial in understanding international trade and economic performance. The real effective exchange rate (REER) is an index that measures the value of a country's currency against a basket of other major currencies, adjusted for inflation. This adjustment allows economists and policymakers to assess the competitiveness of a nation's goods and services in the global market. To understand the significance of the real effective exchange rate, we must first differentiate it from the nominal exchange rate. The nominal exchange rate is simply the price of one currency in terms of another, without considering the effects of inflation. For instance, if the nominal exchange rate between the US dollar and the euro changes, it does not reflect whether the purchasing power of those currencies has changed over time. In contrast, the real effective exchange rate provides a more comprehensive view by factoring in price levels in different countries. A rising real effective exchange rate indicates that a country's goods have become more expensive relative to foreign goods, which can lead to a decrease in exports and an increase in imports. This situation may negatively impact the domestic economy, as local businesses face stiffer competition from abroad. Conversely, a falling real effective exchange rate suggests that a country's goods are becoming cheaper on the international market, potentially boosting exports and improving the trade balance. For example, if the United States experiences high inflation while other countries do not, the real effective exchange rate of the US dollar would rise, making American products less competitive internationally. This scenario could lead to a trade deficit, where imports exceed exports. Policymakers may then consider measures such as monetary policy adjustments or tariffs to address these imbalances. Furthermore, the real effective exchange rate is also essential for foreign direct investment (FDI). Investors often look at the REER when deciding where to invest their capital. A stable or declining real effective exchange rate can attract foreign investors, as it indicates potential profitability due to lower production costs. On the other hand, a rapidly appreciating REER may deter investment, as it signals rising costs and reduced competitiveness. In conclusion, the real effective exchange rate is a vital economic indicator that reflects a country's currency value relative to others, adjusted for inflation. Understanding this concept helps policymakers, businesses, and investors make informed decisions regarding trade, investment, and economic strategy. By monitoring the real effective exchange rate, stakeholders can better navigate the complexities of the global economy and respond effectively to changing conditions.

“实际有效汇率”这一概念对于理解国际贸易和经济表现至关重要。“实际有效汇率”（REER）是一个指数，衡量一个国家的货币相对于其他主要货币篮子的价值，并进行通货膨胀调整。这一调整使经济学家和政策制定者能够评估一个国家商品和服务在全球市场上的竞争力。要理解“实际有效汇率”的重要性，我们首先必须将其与名义汇率区分开。名义汇率仅仅是一个货币相对于另一个货币的价格，而不考虑通货膨胀的影响。例如，如果美元与欧元之间的名义汇率发生变化，这并不反映这些货币的购买力是否随时间变化。相比之下，“实际有效汇率”通过考虑不同国家的价格水平提供了更全面的视角。“实际有效汇率”的上升表明一个国家的商品相对于外国商品变得更加昂贵，这可能导致出口减少和进口增加。这种情况可能对国内经济产生负面影响，因为本地企业面临来自国外的更激烈竞争。相反，“实际有效汇率”的下降则表明一个国家的商品在国际市场上变得便宜，有可能促进出口并改善贸易平衡。例如，如果美国经历高通货膨胀而其他国家没有，那么美国美元的“实际有效汇率”将上升，使美国产品在国际上竞争力下降。这种情况可能导致贸易逆差，即进口超过出口。政策制定者可能会考虑采取货币政策调整或关税等措施来解决这些失衡问题。此外，“实际有效汇率”对于外商直接投资（FDI）也至关重要。投资者在决定将资本投资于何处时，通常会关注REER。稳定或下降的“实际有效汇率”可以吸引外国投资者，因为这表明由于生产成本降低而有潜在的盈利能力。另一方面，快速升值的REER可能会阻碍投资，因为它表明成本上升和竞争力下降。总之，“实际有效汇率”是一个重要的经济指标，反映一个国家的货币相对于其他货币的价值，并进行通货膨胀调整。理解这一概念有助于政策制定者、企业和投资者就贸易、投资和经济战略做出明智的决策。通过监测“实际有效汇率”，利益相关者能够更好地应对全球经济的复杂性，并有效应对不断变化的条件。