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A real appreciation for recent exchange-rate movements

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Recent movements in real exchange rates? a measure of relative prices? in the euro area and Japan are consistent with long-run adjustments toward levels predicted by economic fundamentals.

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  • Kuhu Pararampuria & Michael Sposi, 2015. "A real appreciation for recent exchange-rate movements," Economic Letter, Federal Reserve Bank of Dallas, vol. 10(7), pages 1-4, June.
  • Handle: RePEc:fip:feddel:00023
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