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and if you can add any references from where you found the information or the link, please and thank you! and a chart of the
and if you can add any references from where you found the information or the link, please and thank you!
and a chart of the USDCNY exchange rate.
Module 12 Discussion Sometimes, China has xed its exchange rate against the US dollar {when the value of the dollar goes up, the value of the yuan goes up, and when the value of the dollar goes down, the value of the yuan goes down}. Find a chart of the USDCNY exchange rate and identify during which historical periods the exchange rate seems to have been xed. Give a couple of reasons why the Bank of China might have managed their exchange rate in that way. Module 13 Discussion Central Bank Digital Currencies may shortly have a dramatic effect on our lives not necessarily for the better. Let's investigate what it is all about by nding answers to some basic questions: 1. What is a "Central Bank Digital Currency" [CEIDC] and how are they supposed to work? 2. Is 1here any important difference between a CBDC and a "stablecoin"? 3. How are CBDCs different from the original oryptocurrencies [Eitcoim Ethereum, Dogecoin etc.}? 4. Why are central banks trying to get into the cryptocurrenoy game anyway? 5. Do you think it will be good or bad for citizens? Explain whyStep by Step Solution
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