ECO 434LEC Chapter Notes - Chapter 2: Danish Krone, Canadian Dollar, United States Dollar
Document Summary
Chapter 2: questions 1, 2, 3, 4, and work it out question: discovering data not all pegs are created equal! In this question you will explore trends in exchange rates. Go to the st. louis federal reserve"s economic data (fred) website at https://research. stlouisfed. org/fred2/ and download the daily. United states exchange rates with venezuela, india, and hong kong from 1990 to present. These can be found most easily by searching for the country names and. Daily exchange rate. : plot the indian rupee to u. s. dollar exchange rate over this period. Pegs multiple times rates 1991-1997, intermittent volatility some place there are peg break. From 2008 onwards - freely floating: the hong kong dollar has maintained its peg with the united states dollar since 1983. Over the course of the period that you have downloaded what are the highest and lowest values for this exchange rate? lowest highest: venezuela has been less successful in its attempts to fix against the dollar.
