Foreign Exchange Part A You have just landed in the airport of Frankfurt, Germany, ready to embark on the first leg of your European holiday. Having arrived from Japan, you have JPY 50,000, that you wish to exchange into the local currency. You are also surprised to find a gift of AUD $1,000 that your parents have slipped into your luggage as additional spending money. You compare the exchange rates of the following dealers to obtain local currency: EUR/JPY EUR/AUD EUR/USD Brauhaus FX 1.21/1.13 GBP/EUR 1.14/1.08 157/141 1.82/1.73 EUR/JPY Deutschland EUR/AUD FX 1.745/1.812 Wunderbar GBP/EUR FX 1.08/1.15 EUR/USD GBP/EUR 1.144/1.221 1.088/1.147 EUR/JPY EUR/AUD 147/159 1.74/1.80 143/160 EUR/USD 1.16/1.23 Trying to jog your memory about what you learned about foreign exchange in BFF1001, you focus on the EUR/USD and EUR/JPY rate for Wunderbar FX and conclude that these are a quote respectively. The best dealer to convert your JPY is and you'll receive . . The best dealer to convert your AUD is and you'll receive Part B As an Australian exporter of beef (priced in AUD) to China, an example of up-side foreign exchange risk is if the . If you are a a Chinese importer of beef (priced in AUD) from Australia, an example of down-side foreign exchange risk is if Foreign Exchange Part A You have just landed in the airport of Frankfurt, Germany, ready to embark on the first leg of your European holiday. Having arrived from Japan, you have JPY 50,000, that you wish to exchange into the local currency. You are also surprised to find a gift of AUD $1,000 that your parents have slipped into your luggage as additional spending money. You compare the exchange rates of the following dealers to obtain local currency: EUR/JPY EUR/AUD EUR/USD Brauhaus FX 1.21/1.13 GBP/EUR 1.14/1.08 157/141 1.82/1.73 EUR/JPY Deutschland EUR/AUD FX 1.745/1.812 Wunderbar GBP/EUR FX 1.08/1.15 EUR/USD GBP/EUR 1.144/1.221 1.088/1.147 EUR/JPY EUR/AUD 147/159 1.74/1.80 143/160 EUR/USD 1.16/1.23 Trying to jog your memory about what you learned about foreign exchange in BFF1001, you focus on the EUR/USD and EUR/JPY rate for Wunderbar FX and conclude that these are a quote respectively. The best dealer to convert your JPY is and you'll receive . . The best dealer to convert your AUD is and you'll receive Part B As an Australian exporter of beef (priced in AUD) to China, an example of up-side foreign exchange risk is if the . If you are a a Chinese importer of beef (priced in AUD) from Australia, an example of down-side foreign exchange risk is if
