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Foreign exchange quotes are often confusing Define these terms and then identify the types of quotes that  follow Direct quote indirect quote American terms European terms EUR0686 USD1 this

Foreign exchange quotes are often confusing. Define these terms and then identify the types of quotes that 
follow. Direct quote, indirect quote, American terms, European terms
EUR0.686 = USD1, this quote found in Frankfurt, Germany
USD1.4577 = EUR1.0, this quote found in San Francisco, California

Apr 18 2021 View more View Less

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