3. Go to the website for Federal Reserve Economic Data (FRED): http://research.stlouisfed.org/fred2/. Locate the monthly exchange rate

Question:

3. Go to the website for Federal Reserve Economic Data (FRED):

http://research.stlouisfed.org/fred2/. Locate the monthly exchange rate data for the following:

a. Canada (dollar), 1980–2009

b. China (yuan), 1999–2005 and 2005–2009

c. Mexico (peso), 1993–1995 and 1995—2009

d. Thailand (baht), 1986–1997 and 1997—2009

e. Venezuela (bolivar), 2003–2009 Look at the graphs and make a judgment as to whether each currency was fixed (peg or band), crawling (peg or band), or floating relative to the U.S. dollar during each time frame given.

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