Currency Exchange
Visit this Currency Analysis site and see what data is available on the page. Select United States when asked Country. The landing page shows U.S. Dollar (USD) exchange rates compared to four other currencies: EURO, Japanese Yen (JPY), British Pound (GBP), and Swiss Franc (CHF). It also allows you to browse 147 currencies. For most currencies, the site will categorize:
- Exchange Rate Regime
- Level of Currency Instability
- Yearly average rate (4 years)
Research and find out what these terms mean. Using the pull-down menu, select your UN Member State currency of interest. Research currencies (one at a time) from two total UN Member States (other than the EURO, USD, JPY, GBP, or CHF). NOTE: the countries analyzed here will not be used in other course assignments.
Provide information explaining the foreign currencies and how they are exchanged, the level of instability, and their yearly average rate. If the currency does not have information on all three categories, select another.
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Write My Essay For MeCurrency/Country | ||||
Exchange Rate Regime | ||||
Level of Currency Instability | ||||
Yearly average rate (4 years) | 20xx | 20xx | 20xx | 20xx |
Compared to USD | ||||
Source: Santander Trade |
Explain the significance of the information contained in the table. Discuss how the country’s exchange rate/stability and importing and exporting are related. (1/2 page)
Provide an economic overview of the country using Santander Analyze markets (Enter name in country information).
Do not copy tables of data. You will write about the economy. You should include the effects of COVID, overall economic growth, inflation, the country’s financial sector (as examples). (1/2 page)
Write about the country’s risk assessment using CoFace Country risk assessment data. (1/2 page)
No quotations are permitted in this paper. Each paragraph (except the introduction and conclusion) must contain at least one in-text citation. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” on the grading rubric. This is a professional paper; not a personal one based on feelings. It must be written in the third person; this means words like “I”, “we”, and “you” are not appropriate.
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