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Title: Calculation of the Real Exchange Rate
Authors: Hamza Ali Malik
Journal: Lahore Journal of Economics
Publisher: Lahore School of Economics, Lahore
Country: Pakistan
Year: 1997
Volume: 2
Issue: 1
Language: English
DOI: https://doi.org/10.35536/lje.1997.v2.i1.a7
Trade Weighted Real Exchange Rate --- Methodology For the purpose of calculating the trade weighted real exchange rate series for the years 1982 to 1995 the following definition of PER is used: PER = price of tradeables / Price of non-tradeables or PER = E x Pt / Pn Instead of simply taking the WPI as a measure of the price of tradeable goods and CPI as a measure of nontraded goods, the whole system to calculate their appropriate proxies is worked through.
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