Term:
Values at current exchange rates (at current USD)
Definition:
Values at current exchange rates (at current USD) are series at current domestic prices converted to a common currency by way of current exchange rates. Because exchange rates are price relatives of currencies, this expresses domestic values in terms of a foreign currency
Domain:
Finance
Source:
Statistical Series for the Euro Area - Conclusions and Recommendations of the OECD ASTF Euro Subgroup, 15 May 2001
