Question: Using the FRED database, search for the exchange rate of a country of your choosing relative to the U.S. dollar other than for the euro
Using the FRED database, search for the exchange rate of a country of your choosing relative to the U.S. dollar other than for the euro area or Japan.
(a) Display the graph of the exchange rate over time.
(b) Pick an interesting period of time to discuss. Has the exchange rate generally appreciated or depreciated relative to the U.S. dollar during this time?
(c) Explain why this may have occurred using the tools discussed in the chapter.
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a I expect that most students will look at the yuandollar exchange rate so here it is b ... View full answer
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