1. Please provide basic currency information for the country/region which you have selected previously (INDIA), including official name, abbreviation, symbol, and countries /regions using the currency.
2. Exchange rate against the US dollar over the past year (1/1/2023 – 1/1/2024).
• Find the exchange rates at two time points – the beginning of last year and this year.
• Find the highest and the lowest rate over the past year.
• Indicate whether the rates you provided above are direct quote or indirect quote exchange rates. Or the home currency term vs the foreign currency term. (This distinction is important for correct calculation of exchange rate changes.)
• The direction and magnitude of exchange rate movement. Which currency appreciated/revaluated or depreciated/devaluated from beginning to the end of last year, and
• By what percentage? Please show formula and calculation.
• The exchange rate change over the past 10 years. Table and chart together with brief descriiption preferred.
1. Please provide basic currency information for the country/region which you h
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