Question
Using the exchange rates provided in Table 1 below, calculate the cross-rates asked in Table 2 and fill it out. Table 1. Exchange Rates
Using the exchange rates provided in Table 1 below, calculate the cross-rates asked in Table 2 and fill it out. Table 1. Exchange Rates as of 24.11.2023 Currency in TRY Swiss Franc (CHF) Saudi Arabian Riyal (SAR) Norwegian Krone (NOK) Japanese Yen (JPY) Australian Dollar (AUD) Table 2. Cross-Currency Rates Swiss Franc (CHF) Saudi Arabian Riyal (SAR) Norwegian Krone (NOK) 32.6652 7.7014 2.6833 5.1750 18.9728 Japanese Yen (JPY) Australian Dollar (AUD) in CHF 1.000 SAR NOK 1.000 1.000 JPY 1.000 AUD 1.000
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Edition
134519574, 9780134521046 , 978-0134519579
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