Homework 3: Place your answers in the "Submissions" box1.Go towww.bis.org, Click on “Central Banks...

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Homework 3: Place your answers in the "Submissions" box 1.Go towww.bis.org, Click on “Central Banks Hub.” A. Post written notes on four (4) central bank web sites, available through this site’s links....

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Homework 3: Place your answers in the "Submissions" box

1.Go towww.bis.org, Click on “Central Banks Hub.”

A. Post written notes on four (4) central bank web sites, available through this site’s links. (YOUR NOTES not just printed web pages) What do you find interesting about each? Discuss in the next class.

2. Readhttp://en.wikipedia.org/wiki/Foreign_exchange_market. Andhttp://en.wikipedia.org/wiki/Exchange_rate.

How can exchange rates affect international trade?

A. Checkhttp://www.tradingeconomics.com/exchange-rates-list-by-country. Slide your cursor over 6 countries on the map & report YoY (Year-over-Year) exchange rate changes (from the pop-up). Then, click each country and from column on right, search GDP Value and GDP Annual Growth Rate for each. Any correlations?

B. What might be the implications for trade?

3. Google “Top 25 Banks in the World.” Print first 2 pages from three (3) listings. Be sure to find one with Chinese banks listed. We’ll discuss the lists in class.

4.Familiarize yourself with offshore opportunities by checking Currency/Banks links. Advantages, disadvantages? Make notes from these sites:http://en.wikipedia.org/wiki/Offshore_bank;http://www.caymanchamber.ky/financial/banking.htm
andhttp://www.investopedia.com/articles/02/020602.asp#axzz1s9Red5w6andhttp://www.panamalaw.org/#.

Answered Same Day Dec 21, 2021

Robert · Accepted Answer

The banks I have chose from the website links are : Bank of England, Reserve Bank of India, Central Bank of Russia and Reserve bank of New Zealand. 
The points that I find interesting about the banks are that the 
· Bank of Russia provides a complete detail of the indicators of the currency market and macroeconomics indicators. At one glance the people can a fair idea of the current scenario of the country’s market and statistics.
· Reserve Bank of New Zealand provides a fair view of the highlights of the ountry’s ecoomy and changes in the monitary pilices of the reserve bank and also gives out the responsibilities of the Bank’s new regulatories. The bank have clearly shown the official cash rate and the Inflation for the current month that benefits the investors to a greater extent.
· Reserve Bank of India is presenting a very interesting graph that clearly indicates the RBI reference rate of all the currencies without a single click. And the bank all gives out the policies and new ammendements in the country or its banking.
· Bank of England gives out all the key facts related to the country’s economic conditions including bank rate, quantitative easing , inflation and targeted inflation. All kinds of policies and financial positioning are presented for the people, companies and investors with interest rates.
Exchange rate is a price of export and import goods.There are two of them, a market exchange rate and a price parity exchange rate. Economists will compare the two rates to identify wheather it is over or undervalued. The Chinese Yuan is undervalued. That make Chinese made goods in the US so cheap, and US made good in China so expensive. This cause the outsourcing from theUS to China, and the outflow of foreign investment from the US to China.If the Chinese central bank allowed the YUan to move freely, the Yuan market rate will be apprecated. The cheap Chinese made product will be going to the end. That's called fair trade in the eyes of Americans.
	Country
	Exchange Rate (2010-2012)
	GDP Annual Growth
	Australia 
	2010- 1.03
2011- 0.94
2012- 1.05
	3.

Homework 3: Place your answers in the "Submissions" box 1.Go towww.bis.org, Click on “Central Banks Hub.” A. Post written notes on four (4) central bank web sites, available through this site’s links....

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