Question
2. You have been given weekly historical foreign exchange rates for Chinese yuan (CNY), Euro (EUR), Japanese yen (JPY), Thailand Baht (THB) and United State
2. You have been given weekly historical foreign exchange rates for Chinese yuan (CNY), Euro (EUR), Japanese yen (JPY), Thailand Baht (THB) and United State dollar(USD) for the three years ending 31st March 2022 ( from 1st April 2019) (Group Assignment Data for 2022S1B4 (1).xlsx) Out of the four foreign currencies mention above, select three currencies (including USD) and plot them on a a line chart and identify any significant currency value movements in AUD. Briefly explain the probable causes for any significant movements of AUD value (you need to provide justification).
3. Use the information you gathered on charts to justify your explanations on the current and the proposed international invoicing policy of VMSL.
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