An exchange rate is the price of one country's currency expressed in another country's currency. 05 PS The exchange rates of the euro () and the Japanese yen () relative to the U.S. dollar ($) are listed as follows: Euro Spot Rate 0.6589 / $1 X 99.4400 / $1 Yen quotation, the foreign exchange rate represents the number of American dollars that can be When exchange rates are stated as purchased with one unit of foreign currency. Given the exchange rate data above, how many yen () can one euro ( 1) purchase? Y 166.01 181.10 X 150.92 Y 173.56 The foreign currency price of one unit of the home currency is called quotation quotation