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One month ago, the spot rate for the British pound (GBP) was 1GBP=1.37 USD. Today, you observe that the spot rate is 1GBP=1.29 USD. How

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One month ago, the spot rate for the British pound (GBP) was 1GBP=1.37 USD. Today, you observe that the spot rate is 1GBP=1.29 USD. How much has the value of the dollar appreciated (+) or depreciated () relative to the British pound? Submit your final answer as a percentage rounded to two decimal places (Ex. 0.00% ). (Submit a currency appreciation as a positive and a currency depreciation as a negative.)

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