2. Using Direct Quotes, compute the percentage change from Tuesday to Wednesday for the following currencies:

a. Euro

b. British Pound

c. Japanese Yen

3. The Ask price of the Mexican Peso is US $ 0.05489 per Peso and the Bid Price is $ 0.05372 per Peso.

a. What is the Bid-Ask % Spread?

b. If you have $1,000 how many Mexican Pesos you will get? (You are buying Pesos here)

c. If you have 1000 Pesos, how many US dollars you will receive? (You are selling Pesos here_

U.S.-dollar foreign-exchange rates in late New York trading IN US$ Country/currency Wed Tues US$ VS. % CHG 1-Day YTD PER US$ Wed Tues Americas Argentina peso Brazil real Canada dollar Chile peso Colombia peso Ecuador US dollar Mexico peso Peru new sol Uruguay peso Venezuela b. fuerte 0.1188 0.4475 0.9185 0.001698 0.0005172 1 0.0763 0.3510 0.04187 0.15748031 0.1190 0.4462 0.9150 0.001697 0.0005178 1 0.0763 0.3504 0.04202 0.15748031 0.18 -0.27 -0.39 -0.09 0.13 unch -0.08 -0.16 0.37 unch 29.1 -5.4 2.5 12.0 0.2 unch 0.4 1.6 12.7 ynch 8.4155 2.2348 1.0887 588.76 1933.65 1 13.0984 2.8491 23.8850 6.3500 8.4006 2.2409 1.0929 589.30 1931.20 1 13.1085 2.8538 23.7960 6.3500 Asia-Pacific Australian dollar 1-mos forward 3-mos forward 6-mos forward -4.6 -4.8 -4.8 -4.8 1.4 unch, China yuan -2.4 Hong Kong dollar India rupee Indonesia rupiah Japan yen 1-mos forward 3-mos forward 6-mos forward Malaysia ringgit New Zealand dollar Pakistan rupee Philippines peso Singapore dollar South Korea won Taiwan dollar Thailand baht Vietnam ng 0.9346 0.9326 0.9287 0.9229 0.1628 0.1290 0.01656 0.0000849 0.00954 0.00954 0.00955 0.00956 0.3145 0.8327 0.00978 0.0229 0.7991 0.0009812 0.03335 0.03122 0.00005 0.9276 0.9255 0.9217 0.9160 0.1627 0.1290 0.01650 0.0000851 0.00952 0.00952 0.00952 0.00953 0.3148 0.8316 0.00978 0.0230 0.7978 0.0009822 0.03336 0.03113 0.00005 -0.76 -0.77 -0.76 -0.75 -0.11 unch -0.36 0.20 -0.28 -0.29 -0.29 -0.29 0.10 -0.13 unch 0.14 -0.16 0.10 unch -0.30 0.13 -3.2 -0.5 -0.5 -0.5 -0.5 -3.1 -1.3 -3.0 -1.7 -0.9 -3.5 0.2 -2.1 0.4 1.0699 1.0723 1.0767 1.0835 6.1410 7.7502 60.39995 11777 104.80 104.77 104.73 104.62 3.1798 1.2009 102.200 43.620 1.2515 1019.16 29.983 32.031 21224 1.0781 1.0805 1.0850 1.0917 6.1480 7.7502 60.61995 11753 105.09 105.07 105.03 104.93 3.1766 1.2025 102.235 43.560 1.2535 1018.13 29.975 32.128 21196 Europe Czech Rep. koruna Denmark krone Euro area euro Hungary forint Norway Krone Poland zloty Romania leu Russia ruble Sweden krona Switzerland franc 1-mos forward 3-mos forward 6-mos forward Turkey lira UK pound 1-mos forward 3-mos forward 6-mos forward 0.04750 0.1766 1.3150 0.00418885 0.1608 0.3134 0.2989 0.02716 0.1428 1.0897 1.0900 1.0907 1.0919 0.4635 1.6461 1.6458 1.6449 1.6432 0.04734 0.1763 1.3134 0.00416204 0.1616 0.3119 0.2977 0.02670 0.1425 1.0881 1.0884 1.0891 1.0904 0.4603 1.6469 1.6465 1.6457 1.6440 -0.34 -0.12 -0.12 -0.64 0.49 -0.47 -0.39 -1.70 -0.18 -0.15 -0.14 -0.14 -0.14 -0.71 unch 0.05 0.05 0.05 5.9 4.3 4.5 10.4 2.4 5.5 2.8 11.8 8.8 2.8 2.7 2.7 2.7 0.4 0.6 21.054 5.6635 0.7605 238.73 6.2177 3.1906 3.3459 36.814 7.0032 0.9177 0.9175 0.9169 0.9158 2.1573 0.6075 0.6076 0.6079 0.6086 21.124 5.6706 0.7614 240.27 6.1874 3.2057 3.3588 37.451 7.0156 0.9190 0.9188 0.9182 0.9171 2.1726 0.6072 0.6073 0.6077 0.6083 0.6 0.6 0.6 Middle East/Africa Bahrain dinar Egypt pound Israel shekel Jordan dinar Kenya shilling Kuwait dinar Lebanon pound Saudi Arabia riyal South Africa rand UAE dirham Source: ICAP plc 2.6522 0.1399 0.2795 1.4115 0.01127 3.5102 0.0006610 0.2666 0.0936 0.2722 2.6532 0.1398 0.2797 1.4115 0.01130 3.5078 0.0006609 0.2666 0.0931 0.2722 unch unch 0.09 unch 0.23 -0.07 unch unch -0.51 unch unch 2.8 3.2 0.1 2.6 0.9 0.5 yach 1.9 unch 0.3771 7.1504 3.5784 0.7085 88.699 0.2849 1512.75 3.7504 10.6861 3.6732 0.3769 7.1507 3.5750 0.7085 88.495 0.2851 1513.05 3.7506 10.7407 3.6732