ONLY SUBMIT THE PICTURES, i.e. do not submit the data. Make your graphs legible. I suggest Excel to make the plots. There are many sources of exchange rate data, including the databases in the Library: https://research.stlouisfed.org/fred2/ http://data.imf.org/?sk=5DABAFF2-C5AD-4D27-A175-1253419C02D1 http://www.x?rates.com/ http://www.google.com/finance Download the data from wherever you think is most convenient.

Question B.1: Download monthly bilateral exchange rates against the U.S. dollar (USD) for the following currencies for the period from January 2001 to December 2010: - Argentine Peso (ARS) - Brazilian Real (BRL) - Israeli New Shekel (ISL) - Singapore Dollar (SGD) - Russia Rouble (RUB) 1) Make 5 time series plots, i.e., one for each country where on the horizontal axis you have the monthly dates and on the vertical axis the value of the exchange rate. Pay attention to the scale that you choose for the vertical axis, it may influence your answer to question 1.2 2) Using your previous plots, if you had to divide the countries in two groups: those with floating exchange rates and those with fixed exchange rates, which countries would you claim as having floating exchange rates? 3) The previous question was tricky, it is very hard to discover with a simple plot when governments intervene to control their currency. Read the IMF's latest classification of countries with floating exchange rates here: http://www.imf.org/external/np/mfd/er/2008/eng/0408.htm. Compare the IMF's classification with your answers to question 1.2, did you agree with the IMF?