Fiscal Policy, Central Banks and Exchange Rates

Money and Capital Markets (FINC310)
Fiscal Policy, Central Banks and Exchange Rates
Deliverable length 1100 words

What is the importance of exchange rates?
Who benefits and who loses when a country’s currency appreciates?
Who benefits and who loses when a country’s currency depreciates?
In the long run, what are the major factors that impact exchange rates?
Understanding central banks impact exchange rates, select three central banks and demonstrate/ explain how this occurs.