Exchange rates - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T10:31:17+00:00Real Exchange Rate Indexes for the Canadian Dollar
https://www.bankofcanada.ca/wp-content/uploads/2010/06/r994c-e.pdf
In this article, the authors explain the methodology used to construct real exchange rate (RER) indexes. They also compare and assess various Canadian RER indexes from both an empirical and conceptual standpoint.
The authors conclude that both theory and empirical evidence suggest that the best RER indexes are those based on unit labour costs. They note, however, that, for practical reasons, policy-makers should also consider RER indexes based on prices when formulating monetary policy.1999-11-14T08:50:14+00:00enReal Exchange Rate Indexes for the Canadian Dollar1999-11-14