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Direct vs Indirect Quote: Currently, the exchange rate between the USD and the Chinese yuan USD/CNY = 6.8 (meaning 1 USD = 6.8 CNY; indirect

Direct vs Indirect Quote: Currently, the exchange rate between the USD and the Chinese yuan USD/CNY = 6.8 (meaning 1 USD = 6.8 CNY; indirect quote for the USD). What is the dollars direct exchange rate (i.e. what is the value of the yuan in dollars?)

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