Reference no: EM133520912
Assignment: Currency Exchange
Visit this Currency Analysis site and see what data is available on the page. Select the 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:
1. Exchange Rate Regime
2. Level of Currency Instability
3. 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.
Currency/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)