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View Full Version : Rand's Effective Exchange Rate Is 15% Overvalued, RMB Says - Bloomberg



NewsWhore
07-20-2011, 08:50 PM
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Rand&#39;s Effective Exchange Rate Is 15% Overvalued, RMB Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEpRj2Bfh_jcJjUYFAfA6AEo46bIQ&url=http://www.bloomberg.com/news/2011-07-20/rand-s-effective-exchange-rate-is-15-overvalued-rmb-says-1-.html)
Bloomberg
The rand&#39;s real effective exchange rate, which takes inflation into account in measuring a currency&#39;s performance, is about 15 percent overvalued, implying the currency may weaken against those of its ...

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