is there an intuitive way to memorize the formula?
I guess it is - foreign currency appreciation as compared to domestic - (real rate domestic-real rate foreign) not sure though.
currency app - (rdc - rfc)
is there an intuitive way to memorize the formula?
I guess it is - foreign currency appreciation as compared to domestic - (real rate domestic-real rate foreign) not sure though.
currency app - (rdc - rfc)