Main Note - [Exchange Rate Policy](Exchange%20Rate%20Policy.md) Theories of exchange rate determination 1. The Purchasing Power Parity 2. Interest Rate Parity 1. Uncovered and Covered Interest Rate Parity (UIP) 3. The Monetary Approach to Rate of Exchange 4. Balance of Payments Theory 5. International Fisher Effect (IFE) Theory ## Related Notes 1. [REER](REER.md) ## References 1. Theories of Exchange Rate Determination: A Brief Theoretical Review. [Link](https://www.researchgate.net/publication/365598103_Theories_of_Exchange_Rate_Determination_A_Brief_Theoretical_Review) 2. Govil, R. (2014, November 24–December 3). Exchange rates: Concepts, measurements and assessment of competitiveness [Lecture notes/Presentation slides]. International Monetary Fund. [Link](https://www.imf.org/external/region/tlm/rr/pdf/nov5.pdf)