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Posted on Jul 27, 2024

the exhange rate between the dollar and the swiss franc is CHF 1.12 per USD. Previous month, the exchange rate was CHF 0.19 per usd.

the exhange rate between the dollar and the swiss franc is CHF 1.12 per USD. Previous month, the exchange rate was CHF 0.19 per usd. over the month the dollar?

A. appreciated against the Swiss franc

B. did not change value (relative to the swiss franc)

C. depreciates against the swiss franc

assume

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