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You have $1,000,000 (One million USD). This week, you will purchase the currency of a country...

You have $1,000,000 (One million USD). This week, you will purchase the currency of a country with this amount. In Week 6, you will exchange that currency back into $ (USD). You cannot trade this currency in the intervening time – one purchase this Week and one sale in Week 6.  


For your written assignment, clearly state what you purchased and when. Write a minimum of 1 page on your prediction of what will happen with this currency exchange rate by Week 6. What besides just a guess can you use to make your prediction? What events might drive the currencies up or down in these two countries? Are there any economic, political or cultural trends or anticipated risks that might impact this rate? Any analysis that you have researched or tools that can help you in your prediction? Think of your facilitator as the CFO of your company, who knows little about this country, and how helpful your prediction will be.

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ekkarill92 answered 4 months ago
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