You should write the blog about the following:
Many countries run large deficits in one or more of the major components in their Balance of Payments. Yet, they do not suffer currency crashes. It is likely that their currency depreciates over time against their major trading partners’ currency or stays the same or even appreciates.
Your task is to select an emerging economy or frontier economy that uses its own floating currency issued by its own Central Bank , and
(i) Briefly review the performance of the currency against its major trading partner(s) in the last few years in the first part of the blog, and
(ii) Speculate about the future currency movement against the major trading partners’ currency in the short term in the second part of the blog.
