Foreign Exchange Project

You will be assigned a foreign currency by your instructor. - Indian Rupee

• Research your currency and complete the assignment
  • Explain your government’s exchange rate policy (fixed, floating, clean or dirty, or target range)
  • Prepare a graph showing your currency’s exchange rate versus the U.S. $ over the past 5 years (Jan. 1, 202x to current date)
  • Explain the reasons for any major changes in the exchange rate
  • Provide a one-year forecast of your currency’s exchange rate versus the U.S. $. Explain your reasoning
  • What is the one-year forward rate for your currency?