Mentor’s Comments- https://www.livemint.com/Opinion/6nlCPOcpAw2l0MKUZfv8AN/Is-the-rupee-overvalued-or-undervalued.html In the intro, mention that the exchange rate of currency influence the economy. In the body, explain … Continue reading Q.3 What is a real effective exchange rate (REER)? What are the biases involved in REER? (10 Marks)