Question: In EViews, open the currencies.wf1 file that will be discussed in detail in the following chapter. Determine whether the exchange rate series (in their raw

In EViews, open the ‘currencies.wf1’ file that will be discussed in detail in the following chapter. Determine whether the exchange rate series (in their raw levels forms) are non-stationary. If that is the case, test for cointegration between them using both the Engle–Granger and Johansen approaches. Would you have expected the series to cointegrate? Why or why not?

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