EFTA Document EFTA01449367

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28 February 2013 Exchange Rate Perspectives Deutsche Bank ri Figure 18: NZD/USD is a bit expensive vs. FEER FV 1.10 Relative FEER Far Value Spot 0.90 0.70 0.50 -I 0.30 80 82 8486 88 90 92 94 96 98 0002 04 0608 1012 :0ut.* LV Pokrect) Figure 20: USD/NOK is expensive vs. FEER FV 10.00 9.001 8.00 I 7.00 6.00 5.00 4.00 1 3.00 Relative FEER Fair Value --""- Spot 8082 84 86 18 909294 969800020406 081012 Sxeca O8FX ',arm Figure 19: USD/CHF is fair value vs. FEER FV 3.00 -Re

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Unknown

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Dept. of Justice

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sd-10-EFTA01449367

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