4. Go back to the FRED website: http://research.stlouisfed.org/fred2/. Locate the monthly exchange rate data for the following:

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4. Go back to the FRED website: http://research.stlouisfed.org/fred2/.

Locate the monthly exchange rate data for the following:

a. Canada (dollar), 1980–2012

b. China (yuan), 1999–2004, 2005–09, and 2009–10

c. Mexico (peso), 1993–95 and 1995–2012

d. Thailand (baht), 1986–97 and 1997–2012

e. Venezuela (bolivar), 2003–12 Look at the graphs and make your own 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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International Macroeconomics

ISBN: 9781319061722

4th Edition

Authors: Robert C Feenstra ,Alan M Taylor

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