Question
Your graph will show you that between the time period of 2012 and 2013 both currency pairs were trading very close to parity (meaning 1-to-1).
Your graph will show you that between the time period of 2012 and 2013 both currency pairs were trading very close to parity (meaning 1-to-1).
One currency pair continued to trade at parity after 2013 while the other did not. Please explain what parity implies economically and why the CHF has been able to maintain this parity in relation to the USD but not against the CAD.
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Inside Company Valuation
Authors: Angelo Corelli
1st Edition
3319537822, 9783319537825
