channan
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Peso exchange rate changes in december 1994, the goverment of Mexico officially change the value of the mexican peso from peso 3.2/$ to peso 5.5/$. was this a devaluation, revaluation, depriciation, or appreciation?
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Views: 1674
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Posted: 2013-01-16 02:52:00
Good as gold. under the gold standard, the price of and ounce of gold in U.S dollars was $20.67, while the price of that same ounce in British pounds was 4.2474. What would the exchange rate between the dollar and the pound be it U.S dollar price has been $38.00 per ounce?
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Posted: 2013-01-16 03:05:00
In Amsterment, one can buy a U.S dollar for euro 0.8200. In New York, can one buy a euro for $1.22. What is the foreing exchange rate between the dollar and the euro?
Answers: 1
Views: 1028
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Posted: 2013-01-18 05:32:00
Hong kong dollar and chinese yuan. The hong Kong dollar has long been pegged to the U.S dollar at HK $ 7.80/$. When the chinese yuan was revalued in July 2005 against the U.S dollar from yuan 8.28/$ to Yuan 8.11/$, how did the value of the hong Kong dollar change against the yuan?
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Views: 788
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Posted: 2013-01-18 05:40:00
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