Trade-weighted effective exchange rate index
ID: trade-weighted-effective-exchange-rate-index
The Trade-weighted effective exchange rate index (TWI) is an economic measure used to assess the value of a country's currency relative to a basket of other currencies, taking into account the trade relations with those countries. It is a composite index that reflects the weighted average of a country’s currency value against the currencies of its major trading partners, with weights reflecting the relative importance of the trade with those partners.
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