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Factors that influence fluctuating rates

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This week, we explored the concept of exchange rates and looked at many factors that influence fluctuating rates. Thinking back to this week's lecture below and discussion, answer the following prompts:

  • Provide an example of a time when you needed to review the exchange rates before making a major purchase, or when an exchange rate needed to be reviewed before you made a particular decision (example: purchasing a house, investing in a money market, etc.)
  • Describe in detail how your confidence in the economy weighed into your decision.
  • Based off the factors discussed in the lecture, explain the process you used to help make a final decision about this purchase.

Reference no: EM133189506

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