2. Foreign exchange rate quotations An exchange rate is the price of one country's currency expressed in another country's currency. 1 ^ $ The exchange rates of the euro () and the Japanese yen (*) relative to the U.S. dollar (s) are listed as follows: Euro Spot Rate C 0.6589 / $1 Y 111.83 / $1 Yen The exchange rates of the euro (c) and the Japanese yen () relative to the U.S. dollar ($) are listed as follows: Euro Spot Rate C0.6589 / $1 * 111.83 / $1 Yen When exchange rates are stated in purchased with $1. terms, the foreign exchange rate quotation represents the units of domestic currency that can be How many euros can Y1 purchase? 0.005892 0.006481 C 169.72 C0.007070