1. What was Tuesdays dollar-euro spot exchange rate expressed as a direct quote from the perspective of a U.S. citizen? and from the perspective of a Eurozone citizen? Are these two prices identical up to 4 decimal places? Show how.

2. Assume that the previous Tuesdays closing spot price of the British pound was $1.2720/. Did the dollar appreciate or depreciate against the pound on Tuesday relative to the previous Tuesday? Explain your answer without any calculations.

3. If you had SF3,600,000 how many U.S. dollars would you have been able to buy at Tuesdays spot rate? (Assume bid and ask are the same)

1 U.S.-dollar foreign-exchange rates in late New York trading 01/07/2020 IN US$ PER US$ US$ VS. % CHG 1-DAY TUES MON YTD TUES MON 0.04 -0.2 0.0167 0.2458 0.0167 0.2462 59.7612 4.0679 1.2. 0.15 0.29 0.769 0.7712 1.3005 5 Americas 6 Argentina peso 7 Brazil real & Canada dollar Chile peso 10 Colombia peso Ecuador US dollar 12 Mexico peso 13 Uruguay peso 14 Asia-Pacific 15 Australian dollar 0.0013 59.7397 4.0618 1.2967 773.7 3246.21 0.001292 0.000308 0.1 4.1 -0.6 unch -0.57 0.52 unch 769.3 3263 0.000306 0.0529 0.27 -0.2 18.8943 0.0531 0.02688 18.8425 37.2 0.02681 0.27 0.4 37.3 1.4558 0.694 0.1433 China yuan 0.6869 0.144 0.1286 0.01392 2.2 -0.3 -0.2 0.7 1.03 -0.44 0.11 0.08 -0.47 6.9452 7.7786 17 0.1287 0.01393 0.0000717 1.4409 6.976 7.7698 71.7875 13940 108.37 71.845 0.0000721 -0.1 13875 0.00922 0.00923 -0.2 108.46 0.08 -0.03 -0.2 380.88 380.98 8.008 8.006 Hong Kong dollar India rupee Indonesia rupiah Japan yen Kazakhstan tenge 22 Macau Pataca 23 Malaysia ringgit 24 New Zealand dollar 25 Pakistan rupee 26 Philippines peso 27 Singapore dollar 28 South Korea won 0.00263 0.1248782 0.2443 0.6642 0.00645 0.02 -0.27 0.45 -0.1 0.1 1.4 4.093 4.104 - 1.5056 1.4988 0.00262 0.1249094 0.2437 0.6672 0.00646 0.0196 0.7411 0.0008565 0.09 0.01 155.02 154.87 0.0197 0.3 51.096 -0.42 0.04 0.7408 0.0008559 0.3 1.1 50.88 1.3499 1168.3 1.3493 1167.56 0.06 28 South Korea won 1168.3 1167.56 29 Sri Lanka rupee 181.4 0.0008559 0.0055154 0.03327 0.03298 0.00004315 0.0008565 0.0055127 0.03326 0.03316 0.06 -0.05 -0.04 0.53 Taiwan dollar 1.1 -0.02 0.5 1.9 0.02 181.31 30.05 30.07 30.32 30.16 0.00004315 23176 23177 31 Thailand baht Vietnam dong 33 Europe Bulgaria lev Croatia kuna 36 Czech Rep. koruna 37 Denmark krone 0.56954 0.57215 1.748 0.46 0.12 0.1497 0.1499 0.7 0.6 -0.2 6.6721 1.756 6.6803 22.628 6.7005 0.04419 0.04436 0.37 22.545 6.6743 0.1492 0.1498 0.39 0.6 Euro area euro 1.1153 1.1197 0.8967 Hungary forint 0.00336202 0.00339524 0.39 0.99 0.4 297.44 123.11 40 Iceland Krona 0.008123 0.008155 0.8931 294.53 122.62 8.7929 3.7801 Norway Krone Poland Zloty 0.113 0.2628 0.1137 0.2645 0.66 0.68 8.851 3.8057 Romania leu 0.2333 0.2345 0.52 4.2872 4.265 0.6 0.7 1.7 0.8 0.3 0.4 -0.1 1 0.3 0.4 0.2 1.1 Russia ruble 0.01618 0.26 61.812 0.1064 61.971 9.4565 0.9705 9.4015 1.033 0.01614 0.1057 1.0304 0.1674 0.0421 1.3121 Sweden krona 16 Switzerland franc 47 Turkey lira Ukraine hryvnia 49 U.K. pound 50 Middle East/Africa 51 Bahrain dinar - 0.59 0.25 0.06 0.28 0.36 5.9727 0.1675 0.0423 1.3168 0.9681 5.9694 23.6662 0.7594 23.7333 0.7621 2.6524 2.652 0.3771 -0.02 2006 -0.01 01 0.377 16.0681 Eavnt nound 0622 0622 | 16 0773