You observe a quotation of the US dollar (USD) of RM4.2. You are, however, interested in the number of US dollars per RM (US dollar). Calculate.
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You observe a quotation of the US dollar (USD) of RM4.2. You are, however, interested in the number of US dollars per RM (US dollar). Calculate.
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- A British pound cost $1.56 in U.S. dollars in 1996, but $1.66 in U.S. dollars in 1998. Calculate the cost of a U.S. dollar in terms of British pounds in 1996 and 1998.Assume the exchange rate is 20 pesos for a dollar. The dollar is expected to depreciate to 15 pesos for a dollar. An investor exchanges an unspecified amount of dollars for pesos. Then, once the dollar has depreciated, the investor converts his pesos into dollars. The investor earns a profit of $7. The original amount of dollars exchanged for pesos wasIf the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 2 francs per dollar, then the franc depreciates from _______ (x.x) U.S. dollars per franc to ________ (x.x) U.S. dollars per franc.
- if the one-year foward rate of Australian dollar is $0.61, while the spot rate is $0.66, the expected percentage change in the Australian dollar is ______ %. if we use the foward rate to forecast?If the dollar depreciates against the Indian rupee Indian imports to the U.S. become less expensive. U.S. exports to India become less expensive. U.S. exports to India become more expensive. The value of Indian imports to the United States does not change.An increase in inflation in the United States relative to the rate in France would make: a. U.S. goods relatively less expensive in the United States and in France. b. French goods relatively less expensive in the United States and U.S. goods relatively more expensive in France. c. French goods relatively more expensive in the United States and in France. d. French goods relatively more expensive in the United States and U.S. goods relatively less expensive in France.
- Suppose the spot and three-month forward rates for the yen are ¥79.45 and ¥78.84, respectively. What would you estimate is the difference between the annual inflation rates of the United States and Japan?Suppose the current spot exchange rate for the Chinese yuan is USD 0.15 per CNY. If the domestic prices of traded goods rise 70% over the next 10 years in China and 20% over the same period in the United States, then, according to the relative purchasing power parity hypothesis, the spot exchange rate for the yuan in 10 years will be approximately:Q30 and Q31
- A currency depreciates if it buys less of a foreign currency than it did before. The US dollar depreciated against what currency(a) from month 1 to month 2? Explain using the chartCherryland, an imaginary country somewhere in the world invests heavily in government and corporate securities of the United States. In addition, Americans invest heavily in Cherryland. Approximately $10 billion worth of investment transactions occur between these two countries each year. On the other hand, the total dollar value of trade transactions per year is about $50 million. This information is expected to hold also in the near future.Because most of your firm’s exports goes to Cherryland, your job as international cash manager requires you to forecast the fluctuations in the value of the “cherrio”, the currency of Cherryland, with respect to the U.S. dollar. Questions:1) Explain how each of the following scenarios, holding other things equal, will affect the value of the cherrio.Scenarios:a. U.S. inflation has suddenly increased substantially, while inflation in Cherryland remains low.b. Real interest rates have increased substantially in the U.S.; while real interest rates in…True or false In technical analysis the larger the number of days used in a moving average, the less smoothing of prices will occur When the dollar weakens, a sale made overseas in a foreign currency translates into more dollars back home. In technical analysis the larger the number of days used in a moving average, the less smoothing of prices will occur