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Consider two foreign exchange quotations between U.S. dollar (USD) and Chinese yuan (CNY): CNY 6.25/USD and USD 0.16 /CNY. Which one is American term? Which
Consider two foreign exchange quotations between U.S. dollar (USD) and Chinese yuan (CNY): CNY 6.25/USD and USD 0.16 /CNY.
- Which one is American term?
- Which one is indirect quotation in the United States?
- Which one is direct quotation in China?
- Which one is the price of USD in CNY?
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The Handbook Of Traditional And Alternative Investment Vehicles Investment Characteristics And Strategies
Authors: Mark J. P. Anson, Frank J. Fabozzi, Frank J. Jones
1st Edition
0470609737, 978-0470609736
