Exchange Rates Exchange rates affect our economy and each of us because
Exchange Rates Exchange rates affect our economy and each of us because:
Exchange Rates Exchange rates affect our economy and each of us because. 2)When the dollar depreciates (weak dollar), the dollar falls in value relative to other currencies
Exchange Rates Exchange rates affect our economy and each of us because: • 2) When the dollar depreciates (weak dollar), the dollar falls in value relative to other currencies
Exchange Rates Exchange rates affect our economy and each of us because. 2)When the dollar depreciates (weak dollar), the dollar falls in value relative to other currencies Foreign products become more expensive for us. and
Exchange Rates Exchange rates affect our economy and each of us because: • 2) When the dollar depreciates (weak dollar), the dollar falls in value relative to other currencies. – Foreign products become more expensive for us, and
Exchange Rates Exchange rates affect our economy and each of us because. 2)When the dollar depreciates (weak dollar), the dollar falls in value relative to other currencies Foreign products become more expensive for us. and U.S. products become cheaper overseas
Exchange Rates Exchange rates affect our economy and each of us because: • 2) When the dollar depreciates (weak dollar), the dollar falls in value relative to other currencies. – Foreign products become more expensive for us, and – U.S. products become cheaper overseas
pot exchange rates f /s= 6284(it takes 6284 pounds to=SD $/￡=1.5913〔 it takes s15913to=1 pound) /$=102.98(it takes 102.98 yen to=$1) $/￥=.009711( it takes s.009711to=1yen) (note: direct and indirect quotes are reciprocals)
Spot Exchange Rates £ / $ = .6284 (it takes .6284 pounds to = $1) $ / £ = 1.5913 (it takes $1.5913 to = 1 pound) ¥ / $ = 102.98 (it takes 102.98 yen to = $1) $ / ¥ = .009711 ( it takes $.009711 to = 1 yen) (note: direct and indirect quotes are reciprocals)