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Analyse, using demand and supply analysis, the relationship between i) inflation and exchange rate and ii)
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- d) What policy would help the developing country maintain its fixed exchange rate?What effect does a high exchange rate have on imports, exports, and that country's production?What are some of the reasons central banks and treasuries enter the foreign exchange markets, and in what important ways are they different from other foreign exchange participants?
- View the data below for the exchange rate between the US dollar and the Japanese yen. How many yen could you get per dollar at the earliest date shown on the chart? Explain. How many yen could you get per dollar at the most recent date shown on the chart? Explain. Has the dollar appreciated or depreciated in value over time? Explain.Long-Run Trends in the Real Exchange Rate?What effect will a change in the price of oil have on the foreign exchange market of a developing country like South Africa where oil is imported? Include a diagram in your answer