Country Level Economics: Macroeconomic Variables and Markets | Online Course Support

The price of one Indian rupee (INR) in terms of Australian dollar (AUD) is 0.02. If the price of a basket of goods is INR 50,000 in India and AUD 2000 in Australia, then the real exchange rate of the rupee vis-à-vis the Australian dollar (treating the rupee as home currency) is __________.

 
 
 
 

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