there is two ways to measure real exchange rate
1) american convention i.e., epsilon= e (pf/pd)
2) brtish convention epsilon= e (pd/ pf)
epsilon =real exchange rate
entire analysis wld change depending upon which one we will use.
i dont know which covention DSE is using.........!!!!!!
any help regarding this wld be appreciated....
thnk u in advance
Amrith Vardhan