Question
) Please use the US foreign exchange rates in late New York trading available from wjs. Answer the following questions: a) Please state at what
) Please use the US foreign exchange rates in late New York trading available from wjs. Answer the following questions:
a) Please state at what time and date you had access to the above FX rate data for Q2.
b) Was the Argentina peso appreciated or depreciated with respect to the US$ in 1-Day?
c) Which currency shown in the list appreciated the most with respect to the US$ in 1-Day?
d) Which currency among the currencies listed depreciated most with respect to the US$ during the period from January 1, 2022, to the present (YTD)?
e) Please find out from your research how the Chinese yuan-US$ exchange rates are determined. Explain what kind of FX rate system China adopts currently.
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