International Monetary Fund constructs and publishes real and nominal effective exchange rates mostly for industrial countries. Recently it has begun publishing such data for some newly industrialized developing countries as well. There remains some developing countries that still have not received any attention by the IMF. This paper bridges that gap by constructing quarterly real and nominal effective exchange rates for 11 developing countries over the 1971-2004 period. As an application we try to assess whether nominal depreciation in these countries has led to real depreciation.
All Science Journal Classification (ASJC) codes
- Business and International Management
- Economics, Econometrics and Finance(all)