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.
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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/
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- Some of the websites show graphs indicating how one currency has done relative to another currency. a. Over the past year, how has the pound performed against the dollar? Does the dollar buy more or less pounds today than it did 1 year ago? b. Over the past year, how has the dollar performed against the yen? Does the dollar buy more or less yen today than it did 1 year ago?Experts please reject this question - I'm testing a flow. 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.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.
- 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)If the Canadian dollar appreciate by 5% relative to the British pound, what will be the percentage British pound depreciate?Suppose that one year ago the spot rate for the British pound was $1.68 per pound, while the spot rate for the peso was $1.05 per peso. The cross rate of the British pound one year ago was £1 = pesos. Suppose that now the spot rate for the British pound is $2.00 per pound, while the spot rate for the peso was $1 per peso. Now, the cross rate of the British pound is £1 = pesos. This represents a percent change in the cross rate of the British pound.
- 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?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. Suppose that today the exchange rate between the U.S. dollar and the Chinese yuan is $1 = .12 yuan. If next week the exchange rate is $1 = .20 yuan, it is clear that: A)The yuan has depreciated relative to the dollar. B)Both currencies have depreciated. C)The dollar has depreciated relative to the yuan. D)Both currencies have appreciated
- 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.You observe that the current interest rate on short-term U.S. Treasury bills is 4.86 percent. You also read in the newspaper that the GDP deflator, which is a common macroeconomic indicator used by market analysts to gauge the inflation rate, currently implies that inflation is 1.65 percent. What is the approximate real rate of interest on short-term Treasury bills? (Enter your answer as a percent rounded to 2 decimal places.)If the foreign interest rate is 4%, the risk premium on domestic assets, ρ, is 18%, and the expected rate of depreciation of the domestic currency against the foreign currency is 3%, what is the domestic interest rate in percentage terms, given covered interest parity holds? [All variables have a 1-year time frame.]
