A 6.7 percent fall in the rubles value would translate into a new exchange rate of 0.016986
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A 6.7 percent fall in the ruble’s value would translate into a new exchange rate of 0.016986 dollar per ruble if the original exchange rate between dollars and rubles was 0.017. LO.1
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Related Book For 
Financial Markets And Institutions
ISBN: 9781259919718
7th Edition
Authors: Anthony Saunders, Marcia Cornett
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