Real effective exchange rate index (line rec, 2000 = 100) - Prices - Basic Inds. and Nat. Accts - African Development Indicators
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Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. This indicator corresponds to the IFS's line rec, and is based on a nominal rate adjusted for relative changes in consumer prices. Source: International Monetary Fund, International Financial Statistics.
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