This folder is called 'R_code', and forms part of the supplementary information for McCarthy & Snudden - 'Forecasts of Period-average Exchange Rates: Insights from
Real-time Daily Data'.

To construct the bilateral and effective exchange rate dataset, the authors made a folder that had the same structure as 'R_code'. Running the scripts in R_code/Code/Scripts produced our dataset. However, in this supplementary information, the 'Raw_data' and 'Mid_data' do not contain any files, and are included simply to make the folder structure clear.

For more information, please see the readme for the RDP.