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On Nov 20, 2021 the spot rate was $1.3259/. Due to Omicron variant of COVID-19, USD dollar depreciated against GBP by 12% overnight. Compute new

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On Nov 20, 2021 the spot rate was $1.3259/. Due to Omicron variant of COVID-19, USD dollar depreciated against GBP by 12% overnight. Compute new exchange rate after USD depreciation (Round your answer to 4 decimals). Do

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