Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 5 of 12
If the direct quotation for the euro is €:$ = 1.16, what is the indirect quotation?
B. -1.16
C. 0.862
A. 1.16
B. -1.16
C. 0.862
User Contributed Comments 0
You need to log in first to add your comment.
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
describe the foreign exchange market, including its functions and participants, distinguish between nominal and real exchange rates, and calculate and interpret the percentage change in a currency relative to another currency
CFA® 2024 Level I Curriculum, Volume 1, Module 7.