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The current one highlighted in blue is incorrect. 9 Assume that on Friday, one South African rand was worth $.0618 and on the following Monday
The current one highlighted in blue is incorrect.
9 Assume that on Friday, one South African rand was worth $.0618 and on the following Monday the value was $.0602. Also assume one Kuwaiti dinar was worth $3.27 on Friday and $3.25 on the following Monday. Given these rates, which one of the following statements must be correct? Multiple Choice points Both the South African rand and the Kuwaiti dinar appreciated against the U.S. dollar from Friday to Monday. The South African rand appreciated from Friday to Monday against the U.S. dollar. On Thursday, one U.S. dollar was equal to 0634 South African rand. O On Friday, one U.S. dollar was worth 16.61 rands. U The U.S. dollar depreciated from Friday to Monday against the Kuwaiti dinarStep by Step Solution
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