Real Exchange Rate Misalignment: Prelude to Crisis?



--Lnrureer ----lnrureerf

Fig 2. Russia: actual and fitted real exchange rates (log), specification 2

* LNRUREER: actual log real exchange rate; LNRUREERF: fitted log real exchange rate

--Lnrureer----lnrureerf

Fig 3. Russia: actual and fitted real exchange rates (log), specification 3

*LNRUREER: actual log real exchange rate; LNRUREERF: fitted log real exchange rate

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