Exchange rates

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Contents

1 Introduction to nominal, real and trade-weighted exchange rates
2 Floating exchange rates
3 Fixed exchange rates
4 Managed float exchange rates
5 Factors underlying changes in exchange rates
6 Effects of changing exchange rates on the domestic and external economy

Introduction to nominal, real and trade-weighted exchange rates

This video defines and measures nominal, real and trade-weighted exchange rates.

Floating exchange rates

This video discusses how floating exchange rates are determined and the difference between currency depreciation and appreciation.

Fixed exchange rates

This video explores how fixed exchange rate systems work, their advantages and disadvantages and what is meant by devaluation and revaluation.

Managed float exchange rates

This video explores how a country can operate a managed float exchange rate.

Factors underlying changes in exchange rates

This video discusses some of the factors underlying changes in exchange rates.

Effects of changing exchange rates on the domestic and external economy

This video discusses the effects of changing exchange rates on the domestic and external economy.