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The high exchange rate for the Brazilian real means that, even at these wages, workers can send money home.
Key malfunctions are that some countries suffer an artificially high exchange rate and others an artificially low one.
Churchill always regretted bowing, as chancellor, to Norman's campaign to return to the gold standard at an absurdly high exchange rate in 1925.
The answer is that we set a high exchange rate because it seems to suit our interests – or at least the interests of some of us.
In the early 1980s, a high exchange rate, the product of tight fiscal policy and tight money, was the agent of recession and unemployment.
The Reserve Bank of Australia cut its main interest rate by half a percentage point on May 1st, citing a "persistently high exchange rate" as a factor.
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Some economists think that maintaining artificially high exchange rates was a cause of the Great Depression.
Europe by Water European cruises are growing, allowing cruisers to hopscotch the Continent with ease, while also helping Americans avoid high exchange rates by locking in fares in dollars.
The domestic industry benefitted not only from increased world aggregate demand and higher relative prices but also from high exchange rates and from changes in the structure of tariffs.
Mitchell suspects Nakamoto's initial interest in creating a digital currency that could be used anywhere in the world may have stemmed from his frustration with bank fees and high exchange rates when he was sending international wires to England to buy model trains.
Those close to Bayliss claim England's new director of cricket then matched the coach's salary at New South Wales and the Indian Premier League side Kolkata Knight Riders in sterling – which is at a six‑year-high exchange rate of A$1.95 – thus almost doubling the former batsman's earnings.
More suggestions(19)
high share rate
substantial exchange rate
excessive exchange rate
high market rate
high flow rate
highest exchange rate
high default rate
high saving rate
high crime rate
high interest rate
high exchange capacity
high exchange bias
high suicide rate
high literacy rate
high desertion rate
high exchange flux
high success rate
high bit rate
high unemployment rate
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