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Suppose the quote on British pounds is $1.6888-95 This is a quote for which currency? What are the banks buying and selling rates for the

Suppose the quote on British pounds is $1.6888-95

  1. This is a quote for which currency?
  2. What are the banks buying and selling rates for the dollar ($)?
  3. What are the banks buying and selling rates for pound ()?

If you converted $10,000 to British pounds and then back to dollars, how many dollars would you end up with?

4 digits after the decimal point when calculating or writing exchange rates.

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