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In 2002, the EUR/AUD Exchange Rate Fell from 0

Question 5

Multiple Choice

In 2002, the EUR/AUD exchange rate fell from 0.5764 to 0.5403. Calculate the percentage change in the Australian dollar against the euro.

A) +6.26%
B) -6.26%
C) +6.68%
D) -6.68%

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