Exhibit 7.1 The Determinants of Foreign Exchange Rates Parity Conditions 1.Relative inflation rates 2.Relative interest rates 3.Forward exchange rates 4.Interest rate parity Is there a well-developed Is there a sound and secure and liquid money and capital Spot banking system in place to market in that currency? Exchange support currency trading Rate activities? Asset Market Balance of Payments 1.Relative real interest rates 1.Current account balances 2.Prospects for economic growth 2.Portfolio investment 3.Supply and demand for assets 3.Foreign direct investment 4.Outlook for political stability 4.Exchange rate regimes 5.Speculation and liquidity 5.Official monetary reserves 6.Political risks and controlsExhibit 7.1 The Determinants of Foreign Exchange Rates