Babić, Ante - In: Ekonomski pregled 47 (1996) 1, pp. 89-124
methods of calculation of rates and to observe their development. The rate movement of each of the particular currencies in … each of the currencies separately. In order to get a general development and condition of local currency (that is … simultaneously in relation to a larger number of currencies) the effective rate has to be calculated. This paper calculated the index …