FNCE90016 International Financial Management - Part II. Exchange Rates During Brexit

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Part II. Exchange Rates during Brexit

Question 2

We are interested in the two-week period from June 20 to July 1. Find the 1-month dollar rate over the two-week period using the official bank rate of GBP, forward rate and spot rate. Plot both the 1-month dollar rate and official 1-month pound rate, using percentage point per annum. Did the dollar rate vary a lot or not over the two-week period? Compare it with the pound rate, state the likely reason(s) of the dollar rate pattern.

(10 marks)

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