Bahamian Dollar to American Dollar Chart Analysis


Go to FRED and download the exchange rate for a country which has followed a fixed exchange rate regime in the past 30 years. Plot the exchange rate time series over time from the period of inception to the current period. Submit the graph with your answer.
Answer the following questions:

Was the country able to maintain the fixed exchange rate regime?
If yes, what are the implications of this policy? You should comment on central bank discipline and whether the central bank was paying interest rate on reserves.
If no, explain in your opinion, why the fixed exchange rate regime failed. 

US dollar

Bahamian dollar

American Dollar Chart

User generated content is uploaded by users for the purposes of learning and should be used following FENTYESSAYS.COM ESSAY’s honor code & terms of service.