Finance
ah1652017_ 
InstruuctionsInternationalFinance.docxIn the tables below, specify the currency of a country you present (instead of "Your Currency").
Find its exchange rate to USD, and fill out the table
|
Date |
Exchange Rate |
USD -> Your Currency -> USD |
Your Currency -> USD -> Your Currency |
|
10/11/2019 |
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3/12/2010 |
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Assume that you start with the budget of 1000 units (either USD, or the currency of your country), and you use them to buy the 2nd currency on 10/11/2019 (using the spot exchange rate on that date). Then on 3/12/2020 you exchange them back into the original currency. Write a conclusion of whether you would have made profit in either one of these two scenarios.
Find current interest rate for the US and your country. Provide the links to your sources. Using covered interest parity equation, calculate forward exchange rate. Fill out the table.
|
Date |
US interest rate |
Your country interest rate |
Exchange Rate |
Forward Exchange Rate |
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3/12/2020 |
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