Question
Suppose you are foreign exchange dealer/investor. You see on your Bloombergs screen that the euro is quoted as US$: = 0.846100.84650, and the Australian dollar
Suppose you are foreign exchange dealer/investor. You see on your Bloombergs screen that the euro is quoted as US$: = 0.846100.84650, and the Australian dollar is quoted as US$:A$ = 1.38751.3885. What is the implicit :A$ quotation?
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Restructuring And Innovation In Banking
Authors: Claudio Scardovi
1st Edition
331940203X, 978-3319402031
