Discussion – Country Currency Analysis

Select a country that is not the United States or your home country. For ideas refer to textbook Appendix: Currencies of the World (I-16). Select a country or currency that interests you.

Country is Norway, currency is the Norwegian Krone

On this discussion board research and post at a minimum the following information about the country and its currency. You can provide additional information that may be of interest.

1. Name of the country you selected and their related currency.
2. Country is Norway, currency is the Norwegian Krone
3. Why did you select this country for analysis?
4. Husband is of Norwegian descent.
5. Provide a basic outline of the country and its currency. Include if the currency is considered floating, managed, or has a hard peg.
6. What are the key factors likely to affect the value of the currency and how will they affect the value?
7. What is the country’s current and forward exchange rates?
8. What source did you use to obtain the current and forward exchange rate? Why did you select this source for this information?