Exchange rates for several currencies are shown below.

a. Is the U. S. dollar appreciating or depreciating against the yen? Explain.
b. Is the U.S. dollar appreciating or depreciating against the peso? Explain.
c. Is the U. S. dollar appreciating or depreciating against the euro. Explain.
d. A U.S. company purchases from suppliers in Japan, Mexico, and the Netherlands and pays in the suppliers' currency. For each of the suppliers,
Will the U.S. Company pay more or less in 30 days than now, assuming the 30-day forward rate becomes the spot rate at the end of 30 days.
e. Who bears the currency risk--the U.S. Company or the foreign supplier?Why?

Spot 30-day forward 90-day forward 180-dav forward U.S. DollarYen U.S. Dollar/ Peso Euro/U.S. Dollar 14.1 14.6 15.1 15.7 77.13 76.87 76.11 75.19 1.34 1.31 1.29 1.28