Foreign currency chinese (final project)
The objective of the paper is to analyze the change in foreign exchange rate of US dollar against any currency of emerging market. The currency selected against US dollar is Chinese Yuan. The change in two currency rates for 5 years starting from 2006 to 2010 has been included. The impact of appreciation and depreciation of currency for importers and exporters has also been discussed. The FXI ETF has been selected for impact of change in currency rate on investment made. The impact of currency rate for borrower has also been included.