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Find the currency of your home country (India ) and describe its value relative to the USD. Is it under or over-valued compared to the
- Find the currency of your home country (India) and describe its value relative to the USD.
- Is it under or over-valued compared to the USD? What problems or benefits do you think this relationship might cause for your country? Why?
- What problems or benefits do you think this relationship might cause for the US?
- Governments often intervene (manipulate) in foreign exchange markets to give their currency a more favorable rate. Do some research on the web to see what intervention has occurred or has been discussed lately regarding your country's currency.
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Authors: Jeffrey F Beatty, Susan S Samuelson
3rd Edition
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