Business Terms and Jargon Explained

What is Equilibrium Exchange Rate

The exchange rate that would prevail when the economy has fully adjusted to disturbances in the demand for and supply of its goods and services.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

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Authentication Contra Cutting edge
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Term created / updated 2007-03-20 22:50:03

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