Revaluation
Revaluation is theincrease in the external value of the domestic currency made by the central bank under a fixed exchange …
Read MoreManaged Floating
Managed floating is an exchange rate system that has the features of both the flexible and fixed exchange rate systems. …
Read MoreForeign Exchange Reserves
Foreign exchange reserves indicate the reserves of the RBI kept in the form foreign currency assets, gold, SDR and reserve …
Read MoreLiberalised Remittance Scheme (LRS)
The LRS is a facility provided by the RBI for all resident individuals including minors to freely remit upto a …
Read MoreUndervalued currency
An undervalued currency is the one whose value is artificially kept low to encourage exports and discourage imports.
Read MoreCurrency War
Currency war is a term that describe competitive devaluation (or arranged depreciation) by countries to make their exchange rate competitive …
Read MoreEffective Exchange Rate
Effective exchange rate for India is the exchange rate of rupee derived from an index that includes several currencies weighted …
Read MoreReal Effective Exchange Rate (REER)
REER is a weighted average of nominal exchange rates adjusted for relative price differential between the domestic and foreign countries, …
Read MoreNominal Effective Exchange Rate (NEER)
NEER is the exchange rate of the domestic currency vis-à-vis the basket currencies, weighted by the shares of the basket country’s …
Read MoreRemittances
According to the IMF, “Remittances represent household income from foreign economies arising mainly from the temporary or permanent movement of …
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