Question
What is an example of a foreign currency in the world today that can be exchanged for U.S. dollars? Before posting your answer, make sure
What is an example of aforeign currency in the world today that can be exchanged for U.S. dollars?
Before posting your answer, make sure to read what other students have already posted, so that your example currency is different than theirs. To earn the most points, your introductory paragraph should also describe at least one country where your currency is being used as money. and include a current numerical price (in the other country, not the U.S.) that you can find somewhere on the Internet of a specific product that is being sold in that country today. By the way if you are looking for a website to find out about different currencies in the world today and their current exchange rates with the U.S. dollar this is a good one:
https://www.msn.com/en-us/money/tools/currencyconverterLinks to an external site.
Then - in (just) two more paragraphs - discuss and demonstrate your own understanding of how currency appreciation of the U.S. dollar could be seen in the future in the Foreign Exchange Market, compared to the foreign currency that your post is about. This means your sentences should include two different exchange rates of the U.S. dollar, both before and after the appreciation of the dollar occurs - as it relates to the foreign currency that you have identified in your first paragraph. And make sure your postings don't have any spelling errors in them (words that are underlined in red within Canvas by the auto-spell checker).
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