Exchange rate systems vary in the degree to which a country’s central bank control its currency’s exchange rate. Many co

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Exchange rate systems vary in the degree to which a
country’s central bank control its currency’s exchange rate. Many
countries allow their currency to float, yet periodically engage in
interventions to control the exchange rate. Explain why and how a
central bank intervene to control the currency exchange rate. Be
sure to explain the impact of such intervention on the economy
including interest rates, inflation, and balance of
trade.
How do you think accounting irregularities affect the
pricing of corporate stock in general? From an investor’s viewpoint
how do you think the information used to price stocks changes in
responding to accounting irregularities?