Exchange rate movements

The US dollar is exchanged for a number of different currencies in the foreign exchange market. Go to the

Currency Calculator

. Select one foreign currency to respond to the following questions:

What is the current exchange rate between the two currencies?
How has the exchange rate changed compared to a year ago? Has the dollar appreciated, depreciated, or remained unchanged?
What explains the change in the exchange rate?
It would be a good idea to read articles on exchange rate between the two currencies to get more information.
Is the change in exchange rate good or bad for the US economy?

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