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What is the change in the value of USD in EUR/USD quote? Given: EUR/ USD 2015 = 1.1050 2016 = 1.1215 a)+1.47%; USD appreciated by
What is the change in the value of USD in EUR/USD quote? Given:
EUR/ USD 2015 = 1.1050 2016 = 1.1215
a)+1.47%; USD appreciated by 1.47% against Euro
b)-1.47%; USD depreciated by 1.47% against Euro
c)+1.49%; USD appreciated by 1.49% against Euro
d)-1.49%; USD depreciated by 1.49% against Euro
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