An exchange rate is the price of one country's currency expressed in another country's currency. * $ The exchange rates of the euro (C) and the Japanese yen () relative to the U.S. dollar ($) are listed as follows: Euro Yen Spot Rate 0.6589 / $1 111.83/$1 When exchange rates are stated in purchased with $1. How many euros can 1 purchase? OC 0.004714 0 0.005892 212.15 169.72 terms, the foreign exchange rate quotation represents the units of domestic currency that can be