You observe a quotation of the Japanese yen (¥) of $0.007. You are, however, interested in the number of yen per dollar. Thus, you calculate the ____ quotation of ____ ¥/$. A. direct; 142.86 B. indirect; 142.86 C. indirect; 150 D. direct; 150 E. indirect; 0

Q: A television costs $755 in the United States. The same television costs 634.5 euros. If purchasing…

A: Purchasing power parity: Purchasing power parity (PPP) is a concept which means that exchange rates…

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Q: Use the table to complete following questions: Canadian Dollar: Spot and Forward (CS/S) Euro: Spot…

A: $100=1.2651∗100C$.=126.51C$

Q: If the Brazilian real is equal to $0.46, a Canadian dollar is equal to how many Brazilian reals?

A: 1 Brazilian real is equal to $0.46, therefore exchange rate is 1 Brazilian real = $0.46

Q: Stock Y has a beta of 1.4 and an expected return of 15.1 percent. Stock Z has a beta of 0.7 and an…

A: We can determine the risk-reward ratio using the formula below:If the stock's ratio is above the SML…

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A: The term "foreign currency" describes the money used in nations other than one's own. Every nation…

Q: Suppose that the Canadian dollar is worth A$1.08 and the United States dollar is worth A$1.35. (a)…

A:

Q: Use this table to answer the next two questions. The following table shows the number of euros…

A:

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A: The forward exchange rate refers to the agreed rate between parties where the exchange rate is fixed…

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…

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Q: Assume that 1 unit of Currency Y costs 0.49 units of Currency X, 1 unit of Currency Z costs 7.99…

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A: The question is related to calculation of euro per dollar Euro per dollar = 1 ÷ dollar per euro

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A: The global market where currencies are traded is known as foreign exchange currency, or forex or FX.…

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Q: Using the following quotations: USD / EGP 46.8680 / 46.9280 USD / JMD 151.1230 / 154.4150 (a) What…

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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: None

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Q: you have $1000, the exchange rate is as following: $100: 1 ounce of gold, ￥500: 1 ounce of gold,…

A: Convert 1000 $ into ￥  @ exchange rate ￥8：$1   = 1000$ * 8￥ / $ = 8000 ￥

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

Q: If British pounds sell for $1.43 (U.S.) per pound, what should dollars sell for in pounds per…

A: Given, 1 British Pound =$1.43

Q: What is $246.20 Canadian Dollars in U.S. Dollars? ($1 Canadian Dollar = $0.76 U.S. Dollar)

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A: Foreign Currency Exchange: The price of the domestic currency relative to another currency is…

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.