Examlex
Why is an FTP client helpful?
Real Exchange Rate
The pace at which one country's currency can be swapped for that of another, after accounting for inflation.
Nominal Exchange Rate
The rate at which one currency can be exchanged for another currency, not adjusted for inflationary differences between the two currency areas.
British Pounds
The official currency of the United Kingdom, also known as GBP (Great British Pound).
Real Exchange Rate
The rate at which one country's currency can be traded for another country's currency, adjusted for inflation.
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