The following are quotes for four currencies with the quote in terms of US dollars per unit.  Complete the values in the second column: Currency Units Per US Dollars US Dollars Per Unit EUR (eur) ? 1.1325477382 GBP (British pound) ? 1.3077000000 INR (Indian rupee) ? 0.0148968912  AUD (Australian dollar)  ? 0.76263500000

Q: TIPS FOR READING AN EXCHANGE RATE CHART: Read down the chart. For example, in column 1 it says the…

A: Depreciation of a currency means that the value of the currency with respect to the other decreases,…

Q: Given USD/Brazilian Real = 3.878 USD/Australian Dollar = 1.281 USD/Chinese Yuan = 8.461   What is…

A: The Australian Dollar / Brazilian real cross rate can be calculated as follows:

Q: You can exchange $1 for either .9102 euro or .7233 British pounds. What is the cross-rate in terms…

A: Exchange rate of €‎/$ = 0.9102 Exchange rate of £‎/$ = 0.7233   Cross rate = ?

Q: 1. What is the price of 1 US dollar in terms of each of the following currencies, given the…

A: Exchange rate is that rate at which currencies of two countries can be exchanged with each other.

Q: Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $…

A: US DollarForeign currency13.723Poland Zloty10.709Jordan Dinar10.377Bahrain Dinar11.5591New Zealand…

Q: These are currency quotes found on a foreign market: GH 4.30/$, and GH 4.55/$. Which currency is…

A: First quote 1$ = GH 4.30 Second quote 1$ = GH 4.55 -------------------- In first case if have 1$ we…

Q: TIPS FOR READING AN EXCHANGE RATE CHART: Read down the chart. For example, in column 1 it says the…

A: The foreign exchange rates: The foreign exchange rates refer to the trading of one currency for…

Q: You observe that the direct quote for the Canadian dollar from the US perspective is $0.727. What is…

A: Direct quote is the number of units of home currency required to purchase foreign currency and…

Q: The spot rate for the British pound is £.7199 = $1 and the Canadian dollar is Can$1.1022 = $1. What…

A: £/$ = 0.7199 Can$/$ = 1.1022   Cross rate £/Can$ = ?

Q: Use the information below to answer the following questions.     U.S. $ EQUIVALENT CURRENCY PER U.S.…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: If British pounds sell for $1.23 (U.S.) per pound, what should dollars sell for in pounds per…

A: The term exchange rate refers to the rate at which the currency of one country is exchanged for…

Q: Suppose Dassie Bank quoted the exchange rate of Singapore dollar in US$ at $0.60, the pound rate in…

A: Foreign exchange currency rates are those rates which are used for exchange of one foreign currency…

Q: Use the information below to answer the following questions.     U.S. $ EQUIVALENT CURRENCY PER U.S.…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: Suppose the exchange rate between U.S. dollars and British Pounds is $1.00 = 1.70 Pounds and the…

A: Exchange rate between U.S. dollars and British Pounds = 1.70 Pounds per dollar Exchange rate between…

Q: Given the information below, what is the cross-rate of the Singapore dollar in euros (i.e., Euros…

A: A foreign exchange rate is the rate at which two currencies of two different countries are traded in…

Q: Suppose the exchange rate between U.S. dollars and British Pounds is $1.00 = 1.56 Pounds and the…

A: exchange rate between U.S. dollars and British Pounds = 1.56 Pounds per dollar exchange rate between…

Q: Jane Cruise has U.S. dollars ($) amounting to $1,000,000, and is provided with the following quotes:…

A: Here, Bank C: Euro/US Dollar = €0.8529/$ Bank C: British Pound / US Dollar=£0.7601/$ Bank D: British…

Q: Use the information below to answer the following questions.     U.S. $ EQUIVALENT CURRENCY PER U.S.…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Suppose you observe the following quotes between the euro and the Mexican peso (Mex$): 1/1/14:…

A: Given information: 1/1/14: Mex$20/€ 1/1/15: €0.08/Mex$1

Q: Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $…

A: A cross-currency exchange rate is an exchange rate where two different currencies are valued against…

Q: You are given the following quotes: U.S. dollar/Mexican Peso = 0.2501 U.S. dollar/Australian Dollar…

A: To calculate the cross rate for Chines Yuan/Australian Dollar, simply divide U.S. Dollar /Australian…

Q: These are currency quotes found on a foreign market: GH 4.30/$, and GH 4.55/$. ii. Which currency…

A: First quote 1$ = GH4.30 Second quote 1$ = GH 4.55 In first case if you have 1$ you can buy GH 4.30.…

Q: Assume that the indirect quote is for 115 Japanese yen per U.S.dollar and that the direct quote is…

A: Computation of Exchange rate of 1Euro is equal to how many yen: The exchange rate is given: 1US$=115…

Q: Suppose the Canadian dollar (CAD) is quoted at 1.3240 - 55 CAD/USD and the Euro is quoted at 0.8220…

A: Exchange rate refers to the value of one currency in relation to another currency. It is the rate at…

Q: Suppose the Swiss franc exchange rate is sf.9703=$1, and the euro exchange rate is €.8024=$1. What…

A: cross-rate in terms of Swiss franc per euro will be calculated as follows:- *

Q: Using the currency cross rate table, convert C$300.00 to Japanese yen. Canadian dollar U.S. dollar…

A: Cross rates are the rates when the rates of two currencies are available against the other currency…

Q: Suppose that 1 British pound currently equals 1.62 U.S. dollars and 1 U.S. dollar equals 1.62 Swiss…

A: Exchange rate alludes to the value of one currency in terms of another and may be a significant…

Q: TIPS FOR READING AN EXCHANGE RATE CHART: Read down the chart. For example, in column 1 it says the…

A: Here discuss about the details of the currency exchange rate of different national and its…

Q: In the Wall Street Journal, you observe that the British pound (£) is quoted at $1.65. The…

A: Exchange rate British pound (£) = $1.65 per £ Exchange rate Australian dollar (A$) = $0.60 per A$

Q: If $1.68 equals to a pound and $1.39 equal to an Euro, what is cross rate between pound and euro…

A: Given: 1Pound = $1.68 1 euro = $1.39 Cross rate is common currency between two currencies, for the…

Q: Japanese yen Japanese yen 6 month Australian dollar Australian dollar 3 month U.S. $ EQUIVALENT…

A: Exchange are quite volatile and changing very fast. The exchange rate depends on the supply and…

Q: 1. Based on the latest exchange rates, how much does one USS, Euro, British Pound, Mexican Peso, and…

A: As per the latest exchange rates, a. 1 US$ would cost 1.2738 CAD$ b. 1 Euro would cost 1.5380 CAD$…

Instruments of Foreign Exchange Market

Foreign exchange is a worldwide market in which one nation’s currency is converted into another nation’s currency. In further terms, exchanging of nations currency with foreign currencies. Foreign exchange happens at a specified rate which is termed the foreign exchange rate. The exchange rates are not constant continuously changing as they are derived by market forces of supply and demand. Widely used foreign currencies are the United States- dollar, Euro, Japanese Yen, British pound, and Australian dollar. US- dollar is the most denominated foreign currency. The Euro to US dollar is a widely used currency pair in the forex market as these two currencies represent the world’s enormous economy. Forex trade is simple as exchanging currencies at the bank. The main players of forex markets are the central banks, financial institutions, intermediaries, investments banks, and other banks. Central Bank is the supreme player who decides the currency value of their own nation on the forex market. Mostly foreign exchange-traded at FX market (forex market) when tourists’ visits a foreign country, import, and export happens between two countries.