Currency Exchange
It is time to delve into currency exchange and learn about som
Currency Exchange
It is time to delve into currency exchange and learn about some terms used in the field. We will start with a short video created by a former Chief Portfolio Strategist of a $50 billion investment advisory firm. There are many government, private, and public websites and databases that provide rich information on countries. This is your opportunity to use two companies’ resources available to the public for free.
Session Long Project 1 Resources
Exchange Rate Mechanism (Regime) (2021)
Currency Fluctuations: How they Affect the Economy (2021)
How Does the Exchange Rate Work and How Does It Affect Many Parts of Your Life? (2021)
What Do We Mean by Currency and Foreign Exchange? (2020)
International Banking (2019)
How Importing and Exporting Impacts the Economy (2020)
SLP Assignment
Currency Exchange
Visit this Currency Analysis siteand see what data is available on the page. Select United States when asked Country. The landing page shows U.S. Dollar (USD) exchange rates compared to four other currencies: EURO, Japanese Yen (JPY), British Pound (GBP), and Swiss Franc (CHF). It also allows you to browse 147 currencies. For most currencies, the site will categorize:
Exchange Rate Regime
Level of Currency Instability
Yearly average rate (4 years)
Research and find out what these terms mean. Using the pull-down menu, select your UN Member State currency of interest. Research currencies (one at a time) from two total UN Member States (other than the EURO, USD, JPY, GBP, or CHF). NOTE: the countries analyzed here will not be used in other course assignments.
Provide information explaining the foreign currencies and how they are exchanged, the level of instability, and their yearly average rate. If the currency does not have information on all three categories, select another.
Currency/Country
Exchange Rate Regime
Level of Currency Instability
Yearly average rate (4 years)
20xx
20xx
20xx
20xx
Compared to USD
Source: Santander Trade
Explain the significance of the information contained in the table. Discuss how the country’s exchange rate/stability and importing and exporting are related. (1/2 page)
Provide an economic overview of the country using Santander Analyze markets (Enter name in country information).
Do not copy tables of data. You will write about the economy. You should include the effects of COVID, overall economic growth, inflation, the country’s financial sector (as examples). (1/2 page)
Write about the country’s risk assessment using CoFace Country risk assessment data. (1/2 page)
No quotations are permitted in this paper. Each paragraph (except the introduction and conclusion) must contain at least one in-text citation. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” on the grading rubric. This is a professional paper; not a personal one based on feelings. It must be written in the third person; this means words like “I”, “we”, and “you” are not appropriate.
SLP Assignment Expectations
Use the attached APA-formatted template (BUS401 SLP1 ) to create your submission.
The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.
Your submission will include:
Trident University International’s cover page
A paper with APA citations (2 to 3-sentence introduction, 4-page body (includes tables), 2 to 3-sentence conclusion)
The reference list page in APA format
Develop and reference your sources of information with References Page, In-text Citations, and APA Title Page formatting from the following Guides and Links:
APA 7th Assignment Template
Trident’s Introduction to APA – https://careered.libguides.com/tui/library/apa
Understanding Plagiarism- https://careered.libguides.com/tui/library/plagiarism
Student Support Resources – https://careered.libguides.com/tui/STUDENTS
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