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Definition: Exchange rate adjustment
Category: Financial statistics
Procedure adopted to eliminate the valuation effects arising from movements in exchange rates from data expressed in a common currency (generally the US dollar). http://ec.europa.eu/eurostat/ramon/coded_files/BIS_guide_int_banking_stat_2000.pdf
Source:
Bank for International Settlements (BIS), "Guide to the International Banking Statistics", Part III – Glossary of Terms, Basel, Switzerland, July 2000
Bank for International Settlements (BIS), "Guide to the International Banking Statistics", Part III – Glossary of Terms, Basel, Switzerland, July 2000
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