Exchange Rate Policy, Impact on Exports and Balance of Payments

aggregate exports average basket peg bilateral rates cent level Chapter co-efficient context crawling peg current account demand depreciation devaluation developed countries dollar peg domestic currency domestic price economic effect of exchange effective exchange rate estimated exchange rate instability exchange rate regime exchange rate system exchange rate uncertainty exchange rate volatility exchange risk export price export supply export volume fixed exchange rate flexible exchange rate floating floating exchange rate French franc gold gold exchange standard impact of exchange imports India's exports Indian exchange rate inflation invoicing major currencies manufacturing export MEAN ABS measure of exchange negative nominal and real nominal effective exchange nominal exchange rate percentage changes pound sterling price equation primary commodity primary product exports real effective exchange real effective variation real exchange rate real exchange risk REER REV1 risk elasticity rupee rupee's sector standard deviation sterling area sterling peg Table trade-weighted U.S. dollar VREER2 weights