what is real exchage rate??
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0.058 Brazilian
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Explanation:The real exchange rate (RER) compares the relative price of two countries’ consumption baskets. You may be interested in getting more information than the relative price of two currencies, or the nominal exchange rate. For example, you may want to know what one dollar can buy in the Euro-zone countries or what one euro can buy in the United States. In this case, you’re interested in the (RER).
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