Question
1.Has any of the key factors (inflation and interest rate) that affect exchange rate. affected the value of the taiwan currency over last five years?
1.Has any of the key factors (inflation and interest rate) that affect exchange rate. affected the value of the taiwan currency over last five years? You need to find the correlation between inflation or interest rate in taiwan and the value of foreign currency to study this. You may use Correlation feature in excel. Here is a quick video on how to use correlation function in excel Correlation Function in Excel
https://www.youtube.com/watch?v=sGlsdHD-lcA&ab_channel=MattMacarty
2.Go to Web site of the central bank in taiwan. Determine whether this central bank intervenes to control its currency in the foreign exchange market. How has central bank intervened to change the currency value during last year?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started