NEER is a measure of the value of a currency against a weightedaverage of several foreign currencies.
See Also
How To Calculate Foreign Exchange Gain Or Loss AccountingNominal Effective Exchange Rate (NEER)Nominal Effective Exchange Rate: Definition and UsesAnincrease in NEER indicates an appreciation of the local currency against theweighted basket of currencies of its trading partners.
NEERdata may be accessed through the International Financial Statistics (IFS)dataset portal.
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