Report (300-500 words)

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COUNTRY SELECTED IS CHILE

Choose the currency from the country you selected in units 1 and 2 (COUNTRY SELECTED WAS CHILE), then use the web pages provided (but not limited to) to write a 300-500 words report about how exchange rate of the currency chosen has changed in the past three months. Has the currency strengthened or weakened against the dollar over the last three months? Offer one or more reasons to explain the recent general movements in currency values against the dollar. Do not forget to use/quote the principles/theories from the relevant chapters. The website of the Federal Reserve Bank of St. Louis provides exchange rate trends of various currencies. Its address is:
http://www.stls.frb.org. (Links to an external site.)Links to an external site. Note that most of these currencies (except the British pound) are quoted in units per dollar

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