Top definition
Is the search of the Real Effective Exchange Rate - REER

This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index, as adjusted for the effects of inflation. All currencies within the said index are the major currencies being traded today: U.S. dollar, Japanese yen, euro, etc and the search for said effective exchange rate.
Lance went out on his reerquest and then was outed.
by Doogie Robertson September 25, 2010
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