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Country U.S. $ equiv. Currency per U.S. $ Tuesday Monday Tuesday Monday Britain (Pound) 62,500 1.6000 1.6100 0.6250 0.6211 1 Month Forward 1.6100 1.6300 0.6211
Country | U.S. $ equiv. | Currency per U.S. $ | ||
Tuesday | Monday | Tuesday | Monday | |
Britain (Pound) 62,500 | 1.6000 | 1.6100 | 0.6250 | 0.6211 |
1 Month Forward | 1.6100 | 1.6300 | 0.6211 | 0.6173 |
3 Months Forward | 1.6300 | 1.6600 | 0.6173 | 0.6024 |
6 Months Forward | 1.6600 | 1.7200 | 0.6024 | 0.5814 |
12 Months Forward | 1.7200 | 1.8000 | 0.5814 | 0.5556 |
Using the table shown, what is the most current spot exchange rate shown for British pounds? Use a direct quote from a U.S. perspective.
$1.00 = 0.625 | ||
$1.61 = 1.00 | ||
$1.60 = 1.00 | ||
$1.72 = 1.00 |
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