Glossary

Updated 23 September 2018

This glossary offers definitions of technical terms commonly used in the BIS Quarterly Review.

The glossary is also available as a PDF file in ChineseFrench, German, Italian and Spanish.

nominal effective exchange rate (NEER)

Weighted average of bilateral exchange rates. BIS-calculated NEERs are geometric trade-weighted averages of bilateral exchange rates. An increase in the index indicates an appreciation. See also "effective exchange rate" and "real effective exchange rate".

Updated: 11 Dec 2016
nominal effective exchange rate (NEER)

Weighted average of bilateral exchange rates. BIS-calculated NEERs are geometric trade-weighted averages of bilateral exchange rates. An increase in the index indicates an appreciation. See also "effective exchange rate" and "real effective exchange rate".

Updated: 11 Dec 2016