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The Swiss Franc/Dollar Spot rate suddenly changes in value moving from an exchange rate of SFr.78/$ to SFr.83/$. Thus, the Swiss Franc has by depreciated;

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The Swiss Franc/Dollar Spot rate suddenly changes in value moving from an exchange rate of SFr.78/$ to SFr.83/$. Thus, the Swiss Franc has by depreciated; 6.02% appreciated; 6.41% appreciated; 6.02% none of the answers is correct depreciated; 6.41% If the transaction is expressed as the foreign currency per dollar this is known as --; whereas are expressed as dollars per foreign unit. None of the answers is correct European terms; American terms European terms; indirect American terms; European terms American terms; direct

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