Definition

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Entity Type: indicator
Canonical Definition URL: https://fxmacrodata.com/definitions/indicator/trade_weighted_index
Reference URL: https://fxmacrodata.com/indicators/trade_weighted_index

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