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Derive the NEER (Nominal Effective Exchange Rate) and REER (Real Effective Exchange Rate) by applying the following models/formulas. Need to get the NEER and REER
Derive the NEER (Nominal Effective Exchange Rate) and REER (Real Effective Exchange Rate) by applying the following models/formulas. Need to get the NEER and REER rates from 2005 to 2015 from two countries exchange rates to US dollars (and vice versa). I can send the homework assignment via e-mail for better interpretation. Needs to be one page summary (single spaced) with an excel spreadsheet explaining both exchange rates.
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