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Investing Glossary:
Relative purchasing power parity (RPPP)
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Relative purchasing power parity (RPPP)
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| Definition: |
| Idea that the rate of change in the price level of commodities in one country relative to the price level in another determines the rate of change of the Exchange rate between the two countries` currencies.
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