How does a high exchange rate affect the affordability of imported textile machinery?

REER is the real effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) Oct 10, 2023 ... Additionally, strong domestic currencies can create higher interest rates by affecting the economy directly, causing an effect that is similar ... ... exchange rate. Although fewer British tourists would visit the United States when the dollar was strong, more Americans would travel to Britain. Until 1980 ... Sep 4, 2014 ... Low pass-through of exchange rate fluctuations to import prices could at least ... specifications with one lag but not with two lags could imply ... When an exchange rate changes, the value of one currency will go up while the value of the other currency will go down. When the value of a currency increases, ... Long definition, Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several ... Aug 15, 2024 ... ... mean). This means that managing the ... The negative relationship between a lagged exchange rate and monetary rate could be because high ... Jun 11, 2024 ... Some exporters have been hit as the stronger domestic currency makes them less competitive in overseas markets, while also creating economic ... Higher commodity export prices mean more Australian dollars are required to purchase the same amount of Australia's commodity exports (see Box below on 'Trade ... Oct 28, 2022 ... ... rate means you're paying more for the same ... This makes the currency more attractive to investors, resulting in a higher exchange rate.