2. The data in Figure 1-1 end in 2010. Visit www.oanda.com and download data on the same exchange rates (yuan per dollar and dollar per euro) for the past 12 months. What are the rates today? What were they a year ago? By what percentage amount did the rates change? At the OANDA website, click on “Currency Tools”

and then “FXGraph” and use the tool to plot the last year of data for each exchange rate. Do you think the rates are floating or fixed? Why?