CIAO DATE: 08/2010
June 2010
Peterson Institute for International Economics
This policy brief updates our estimates of fundamental equilibrium exchange rates (FEERs) to the latest issue of the World Economic Outlook (WEO) published by the International Monetary Fund in April 2010 (IMF 2010a). It is part of what has now become an annual cycle drawing out what we believe to be the implications of the IMF’s forecasts for the pattern that exchange rates need to take if the world is to approach a reasonably satisfactory medium-run equilibrium position.
Resource link: Estimates of Fundamental Equilibrium Exchange Rates, May 2010 [PDF] - 269K