What Do We Mean by Undervalued or Overvalued Currencies?
9 Pages Posted: 26 Apr 2019
Date Written: April 15, 2019
This article explains currency overvaluation and undervaluation and reveals the means through which currency valuation can be measured. The benefits, costs, and consequences of currency overvaluation and undervaluation, including its implications for global trade are presented. Currencies such as the Chinese Renminbi and the Indian Rupee are discussed in detail.
Keywords: international business, currency exchange, trade
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