6 Examine the Currency Rates table from any copy of the Financial Times and answer the following...

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6 Examine the ‘Currency Rates’ table from any copy of the Financial Times and answer the following questions:

a1 = NKr7.4985 US$1 = A0.7065 US$1 = NKr5.4393

$1 = £0.4899

(a) What information is being given by the columns headed: ‘Closing mid’ and ‘Day’s change’?

(b) To what do the rows labelled ‘Three month’ refer?

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