From September 8, 2007 to November 7, 2007, the Canadian dollar experienced a rapid appreciation against the US dollar. going from 50.9482 to 51.1024. What was the percent increase in the Canadian dollar? (round your answer to 2 decimals)
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From September 8, 2007 to November 7, 2007, the Canadian dollar experienced a rapid appreciation against the US dollar. going from 50.9482
to 51.1024. What was the percent increase in the Canadian dollar? (round your answer to 2 decimals)
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- Today, the US dollar is trading at ₵4.60, compared to ₵4.20 a year ago. What is the percentage appreciation/depreciation of the dollar relative to the cedi? What is the percentage appreciation/depreciation of the cedi relative to the dollar? Please comment on your results.The inflation rates in the U.S. economy for 2012 through 2015 are 1.7%, 1.5%, 0.7%, and 0.8%, respectively.† What was the purchasing power of a dollar at the beginning of 2016 compared to that at the beginning of 2012? (Round your answer to the nearest cent.)When the Swiss franc appreciates. Over the past five years the Swiss franc (CHF) appreciated from CHF 1 = US$0.8215 to peak at CHF 1 = US$1.0697.a. Calculate the percentage appreciation of the Swiss franc at its peak (use a U.S. dollar perspective).b. What is the percentage depreciation suffered by the U.S. dollar over the same period? Is it simply minus (−) the rate of appreciation of the Swiss franc?
- Over the past year, China has experienced an inflation rate of 22 percent, in contrast to the U.S. inflation of 3 percent. At the same time, the exchange rate has gone from Y8.7 per U.S. $1to Y8.3 per U.S.\$1. Calculate the change in the real value of the yuan over the past year.In 2007 and 1880 silver dollar sold for $14,007 what was the rate of return on investment? Answer as a decimal fraction to four decimal places. The statement “the yen rose today against the dollar from 121 to 117” will only make sense if The U.S. gains when Japan loses. These numbers measure yen per dollar, not dollars per yen. These numbers are indexes, defined relative to a base of 100. These numbers refer to time of day that the change took place. The yen is a reserve currency.
- In Jan 2003, the interest rate on the Japanese Yen was 1.91%, and on the Australian dollar was 5.86%. The spot rate was S(V/AU$)-75.49. Tom Bohn, a hedge fund trader specializing in FX trading in Blackrock Inc, started a carry trade between Yen and Australia for one year. Then the carry (interest rate differential) between Yen and AU$ was % (Two decimal places in your answer.On May 1, 2XX3, a bundle of goods in China costs 5,000,000 yuan, while the same goods cost $60,000 in the United States. Over the next year, inflation in the U.S. is expected to be 3%, while inflation in China is expected to be 5%. Which of the following statements is true? A. In one year the exchange rate is $84.9515/yuan and the dollar has appreciated against the yuan. B. In one year the exchange rate is $0.0118/yuan and the dollar has appreciated against the yuan. C. In one year the exchange rate is $84.9515/yuan and the dollar has depreciated against the yuan. D. In one year the exchange rate is $0.0118/yuan and the dollar has depreciated against the yuan. E. In one year the exchange rate is 84.9515yuan/$ and the dollar has depreciated against the yuan.If the Canadian dollar appreciate by 5% relative to the British pound, what will be the percentage British pound depreciate?
- In 2018, the yen went from $0.00887619 to $0.00906626. • By how much did the yen appreciate against the dollar? • By how much has the dollar depreciated against the yen?A year ago, the pound was trading at 515 Nigerian nairas (NGN) per pound and 93 Indian rupees (INR) per pound. Today, the pound is trading at NGN 530/£ and INR 100/£. Calculate the cross rates for the naira per rupee at the two dates and determine the percentage appreciation or depreciation of the Indian rupee relative to the Nigerian naira.The direct spot quote for the Canadian dollar is $.76 and the 180-day forward rate is $.74. The difference between the two rates is likely to mean that a . the Canadian dollar's spot rate is expected to rise in terms of the U.S. dollar b . interest rates are rising faster in Canada than in the U.S. c . prices in Canada are expected to rise more rapidly than in the U.S. d . inflation in the U.S. during the past year was lower than in Canada
