The website of the Federal Reserve Board of Governors

Description

The website of the Federal Reserve Board of Governors
(www.federalreserve.gov) contains economic data,
including exchange rate trends of various currencies.

  1. Determine how exchange rates of various currencies
    have changed in recent months. Note that most of these
    currencies (except the British pound) may be quoted in
    units per dollar. In general, have most currencies strengthened
    or weakened against the dollar over the last three
    months? Offer one or more reasons to explain the recent
    general movements in currency values against the dollar.
  2. Does it appear that the Asian currencies move in
    the same direction relative to the dollar? Does it appear
    that the Latin American currencies move in the same
    direction against the dollar? Explain.

This question has been answered.

Get Answer