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must figure out percentage change in russian rubles per swiss franc for all 5 periods Trepak-The Russian Dance. Calculate the percentage change in the value
must figure out percentage change in russian rubles per swiss franc for all 5 periods
Trepak-The Russian Dance. Calculate the percentage change in the value of the ruble foc the two different cross rates shown in the table for the five periods Did the rutle fall further against the US dollar of the Swiss franc? For the period trom Novomber 7,2013 to November 7,2014 : The percentage change in Russian ubles per Swiss franc is 15. (Round to two decimal places) Data table Russo-Swiss Cross-2015 Swizertand has long served as a comprstone of banking conservatism and a safe port in a world of currency storms Swiss banks had long been used by investors from all over the world as financially secure insthutions that would preserve the depositor's wealth with confidentality. A large part of the security offered was the Swiss frane itsed. Russian citizens of wealth had ased Swiss banks heavily in recent years as a place where they could sheiter their capital from politics, both insice Russia and the outside (EU and US) world. But beginning in the fall of 2014 the Russian ruble's value began to slide against the Swiss franc, threatening their wealth Step by Step Solution
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