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Business, 22.09.2021 14:00 gracelong4326

One of the difficulties of engaging in global trade is the constant shift in exchange rates. How much do exchange rates change over a 20-day period? Research this by choosing five currencies (say, U. S. dollar, the euro, the British pound, the Japanese yen, the Saudi Arabian riyal) and recording their exchange rates relative to Bangladeshi Taka for 20 days. The rates are available on the Internet at Yahoo Finance’s Currency Center ( http://finance. yahoo. com/ currency ). At the end of the tracking period, choose a Bangladeshi company and describe what effects the currency shifts you noted might have on this company’s trade with any three of the countries or areas whose currency you chose.

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