The table shown at the link here is taken straight from the Wall Street Journal's web site. Take Thursday's rates to answer 1a and 1b. Use only the figures from this table and not other figures you find online. You may round off your answer to 2 decimal places, but as you calculate do not round off rates to fewer than four decimal places. ForEx table Sep 6 2018.pdf Download ForEx table Sep 6 2018.pdf

Show how you arrive at your answer. E.g. to answer the question, "How much is $16 is worth in South African rand?", if $1 = 15.3332 rand, write out $16 x 15.3332 = 245.3312 rand, or note that 1 rand = US$ 0.0652 and write out $16/0.0652 = 245.3988.

1. What are 25,000 (GBP) worth in US dollars?
2. What are 10,000 Japanese yen worth in terms of euros? (Use only figures in the table provided to reach your answer.)
3. In the table, has the Canadian dollar gained or lost value from Wednesday to Thursday, and how can you tell?
4. Suppose the US dollar gains 10% in value against other currencies? Will this help or hinder US exports, and why? (Answer in one sentence.)

ForEx table Sep 6... 1 1 124% Taiwan uona D.WUZ TO U.UT Thailand baht 0.0305 0.03051 0.03 0.6 32.79 32.78 Vietnam dong 0.00004289 0.00004289 -.. 2.7 23315 23314 Europe Bulgaria lev 0.59432 0.59467 0.06 3.2 1.683 1.682 Croatia kuna 0. 1563 0.1565 0.11 3.3 6.3967 6.3895 Czech Rep. koruna 0.0452 0.04519 -0.01 4 22. 126 22.129 Denmark krone 0. 1559 0. 156 0.07 3.4 6.415 6.4103 Euro area euro 1.1624 1.163 0.05 3.3 0.8603 0.8599 Hungary forint 0.00356595 0.00355139 -0.41 8.3 280.43 281.58 Iceland krona 0.009025 0.009143 1.31 7 110.8 109.37 Norway krone 0.1187 0.1191 0.3 2.6 8.4219 8.3967 Poland zloty 0.2689 0.2689 6.9 3.7193 3.7193 Romania leu 0.2506 0.2509 0.14 2.7 3.9906 3.9851 Russia ruble 0.01444 0.01466 1.52 20.1 69.248 68.213 Sweden krona 0. 1098 0.1104 0.57 11.3 9. 1073 9.0558 Switzerland franc 1.0361 1.0292 -0.66 -0.9 0.9652 0.9716 Turkey lira 0. 1519 0.1515 0.3 73.4 6.5816 6.6017 Ukraine hryvnia 0.0354 0.0352 -0.6 0.3 28.237 28.407 U.K. pound 1.2928 1.2906 -0.17 4.5 0.7735 0.7748 Middle East/Africa Bahrain dinar 2.6522 2.6522 unch 0.01 0.3771 0.3771 Egypt pound 0.0559 0.0558 -0.13 0.7 17.8895 17.9135 Israel shekel 0.2786 0.2778 -0.26 3.2 3.59 3.5994 Kuwait dinar 3.3021 3.3001 -0.06 0.5 0.3028 0.303 Oman sul rial 2.59744 2.5973 -0.01 0.01 0.38 0.39 Qatar rial 0.2746 0.2748 0.09 -0.2 3.6421 3.6388 Saudia Arabia riyal 0.2666 0.2666 -0.01 0.01 3.7509 3.7511 South Africa rand 0.0652 0.0648 -0.58 24 15.3332 15.4227 Source: Tullett PrebonCA U.S.-dollar foreign-exchange rates in late New York trading IN US$ US$ VS. % CHG PER US$ Country/currency Thurs Wed 1-Day YTD Thurs Wed Americas Argentina peso 0.0267 0.0259 -3.11 101.1 37.4202 38.6203 Brazil real 0.2467 0.2411 -2.27 22.4 4.0534 4.1477 Canada dollar 0.7609 0.7589 -0.27 4.5 1.3142 1.3178 Chile peso 0.001456 0.001458 0.12 11.6 686.9 686.1 Ecuador US dollar unch unch Mexico peso 0.0521 0.0517 -0.82 -2.5 19.1832 19.3423 Uruguay peso 0.03081 0.03081 unch 12.7 32.46 32.46 Venezuela bolivar 0.00000403 -.. 2401878.4 248409.0001 Asia-Pacific Australian dollar 0.7198 0.7192 -0.08 8.5 1.3893 1.3904 China yuan 0.1463 0.1464 0.06 5.1 6.8352 6.8312 Hong Kong dollar 0.1274 0.1274 0.02 0.5 7.8493 7.8481 India rupee 0.0139 0.01394 0.26 12.6 71.945 71.755 Indonesia rupiah 0.0000672 0.000067 -0.35 10.4 14880 14933 Japan yen 0.00903 0.00897 -0.7 -1.7 110.75 111.53 Kazakhstan tenge 0.00267 0.00269 0.7 12.4 373.84 371.25 Macau pataca 0.1236965 0. 123692 0.5 8.084 8.085 Malaysia ringgit 0.2416 0.2408 -0.32 1.9 4. 1398 4. 153 New Zealand dollar 0.6589 0.6591 0.03 7.6 1.5177 1.5172 Pakistan rupee 0.00812 0.00812 -0.01 11.3 123.11 123.12 Philippines peso 0.0185 0.0186 0.6 8 53.981 53.661 Singapore dollar 0.7276 0.7271 -0.07 . 2.8 1.3744 1.3754 South Korea won 0.0008912 0.000893 0.2 5.1 1122.06 1119.85 Sri Lanka rupee 0.0061877 0.0061648 -0.37 5.3 161.61 162.21 Taiwan dollar 0.03248 0.03249 0.01 3.8 30.79 30.78 Thailand baht 0.0305 0.03051 0.03 0.6 32.79 32.78 Vietnam dong 0.00004289 0.00004289 2.7 23315 23314 Europe Bulgaria lev 0 59432 0 59467 10 06 35 1 683 1 682