TABLE 9-1 Foreign Currency Exchange Rates Country/Currency IN USS PER USS Exchange Rates: New York Closing Snapshot Friday, March 13, 2020 US-collar foreign-exchange rates in late New York trading Fri Thurs Fri Thurs Country/Currency IN USS PER USS Fri Thurs Fri Thurs Americas 62.90 62.70 4.8595 4.7941 1.3807 1.3926 1.3990 1.3872 1.3988 1.3870 1.3984 1.3868 839.00 850.60 4023.01 4028.00 10000 1.0000 21.9168 21.9202 43.41 43.21 Argentina peso 0.0159 0.0159 Brazil real 0.2058 0.2086 Canada dollar 0.7243 0.7181 1-month forward 0.7148 0.7209 3-month forward 0.7149 0.7210 6-month forward 0,7151 0.7211 Chile peso 0.001192 0.001176 Colombia peso 0.000249 0.000248 Ecuador US dollar 1.0000 1.0000 Mexico peso 0.0456 0.0456 Uruguay peso 0.02304 0.02314 Asia-Pacific Australian dollar 0.6193 0.6237 China yuan 0.1427 0.1423 Hong Kong dollar 0.1287 0.1286 India rupee 0.01354 0.01341 Indonesia rupiah 0.0000677 0.0000689 Japan yen 0.00926 0.00956 1-month forward 0.00936 0.00948 3-month forward 0.00938 0.00950 6-month forward 0,00941 0.00953 Kuakhstan Tenge 0.00246 0.0025 Macapataca 0.1250438 0.1249375 Malaysia ringgit 0.2337 0.2341 New Zealand dollar 0.6068 0.8087 Paldistan rupee 0.00636 0.00628 Philippines peso 0.0196 0.0195 Singapore dollar 0.707 0.7091 South Korea won 0.0005252 0.0008256 Sri Lanka rupee 0.005423 0.0054684 Twin dollar 0.03317 0.03313 1.6147 1.6033 7.0082 7.0296 7.7695 7.7773 73.84 74.576 14770 14522 107.98 104.63 106.88 105.49 106,58 105.22 106.24 104.91 40655 400.60 7.9970 8.0040 4.2785 4.2725 1.6480 1.6428 157.15 159.25 31.07 5132 1.4145 1:4102 1211.78 1211.21 184.4 182.87 30.14 30.18 Thailand but 0.03138 0.03152 31.87 31.73 Vietnam ong 0.00004308 0.00004311 23211 23197 Europe Bulgaria lev 0.56567 0.57251 1.7680 1.7470 Croatia kuna 0.1466 0.1471 6.8234 6.799 Czech Rep. koruna 0.0422 0.04267 23.697 23438 Denmark krone 0.1486 0.1497 6.7290 6.6812 Euro urea euro 1.1101 1.1185 0.9006 0.8941 1-month forward 1.1090 1.1102 0.9017 0.9008 3-month forward 1.1120 1.1130 0.8993 0.8985 6-month forward 1.1150 1.1163 0.8969 0.8958 Hungary forint 0.00327675 0.00330557 305.18 302.52 Iceland Krona 0.007404 0.007492 135.07 13348 Norway Krone 0.0994 0.0984 10.0583 10.1657 Poland Zloty 0.2538 0.2555 3.9403 3.9142 Romania leu 0.2301 0.2318 4.3456 4.3140 Russia ruble 0.01377 0.01335 72.623 74.905 Sweden krona 0.103 0.1026 9.70.50 9.7493 Switzerland franc 1.0521 1.0594 0.9505 0.9439 1-month forward 10502 1.0507 0.9522 0.9518 3-month forward 10536 1.0541 0.9491 0.9487 6-month forward 10576 1.0581 0.9455 0.9451 Turkey lira 0.1579 0.1583 6.3337 6.3168 Ukraine hryvnin 0.0383 0.0387 26.1356 25.8563 UK. pound 1.2284 1.2569 0.8141 0.7956 1-month forward 1.2415 1.2555 0.8055 0.7965 3-month forward 1.2425 1.2564 0.8048 0.7960 6-month forward 1.2428 1.2566 0.8046 0.7958 Middle East Africa Bahrain dinar 2.6489 2.6524 0.3775 0.3770 Egypt pound 0.0637 0.0637 15.7007 15.7011 Israel shekel 02728 0.2711 3.6662 3.6887 Kuwait diour 3.2457 3.2608 0.3081 0.3067 Qatorial 0.2754 0.2762 3.6312 3,6202 Saudia Arabia riyal 0.2664 0.2664 3.7533 3.7535 South Africa and 0.0614 0.0605 16.2771 16.5405 Refer to Table 9-1. a. What was the spot exchange rate of Philippines peso for U.S. dollars (USD/PHP) on March 13, 2020? (Round your answer to 4 decimal places. (e.g., 32.1616)) b. What was the three-month forward exchange rate of Japan Yen for U.S. dollars (USD/JPY) on March 13, 2020? (Round your answer to 4 decimal places. (e.g., 32.1616)) c. What was the three-month forward exchange rate of U.S. dollars for Japan Yen (JPY/USD) on March 13, 2020? (Round your answer to 5 decimal places. (e.g., 32.16161)) PHP a. Spot exchange rate b. Three-month forward exchange rate c. Three-month forward exchange rate JPY /US$1 /US$1 /JPY1 US$
