Exchange Rate Query Tool - This query tool allows the user to retrieve exchange rates data from the IMF rates database, and view, print, or save the data.
In this one-product world (in which the prices equal the exchange rates), the purchasing power parity (PPP) of the dollar and the euro is the same and the RER is 1 (see box). In this case, economists ...
If you are buying something in Spain for example, you must pay in Euros but you will want to know how many £s you are actually spending. To calculate this we use the exchange rate. This tells us ...