Based on a comparison of 20 countries in 4Q2011, Australia ranked the highest in real effective exchange rate (cpi - 15 trading partners, 1999=100) q with 146 Index, 1999=100 followed by New Zealand and Switzerland. On the other end of the scale was USA with 85.1 Index, 1999=100, Japan with 86.0 Index, 1999=100 and Mexico with 88.8 Index, 1999=100.
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