NEER full form, What is the full form of NEER
The full form of NEER is Nominal Effective Exchange Rate.
The nominal effective exchange rate (NEER) is an unadjusted weighted average rate at which one country's currency exchanges for a basket of multiple foreign currencies. The nominal exchange rate is the amount of domestic currency needed to purchase foreign currency.
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| NEER full form, What is the full form of NEER |
The full form of NEER is Nominal Effective Exchange Rate.
The nominal effective exchange rate (NEER) is an unadjusted weighted average rate at which one country's currency exchanges for a basket of multiple foreign currencies. The nominal exchange rate is the amount of domestic currency needed to purchase foreign currency.