Solved

When a Smaller Amount of a Foreign Currency Is Required

Question 98

Multiple Choice

When a smaller amount of a foreign currency is required to buy the Australian dollar,the currency is said to have _______ with respect to the dollar.

A) appreciated
B) consolidated
C) depreciated
D) remained fixed

Related Questions

Q93: All of the following are considered 'hard'

Q94: If the value of a currency moves

Q95: An indirect exchange rate can be converted

Q96: The dealer quotes of a buy and

Q97: The financial institutions that quote buy and

Q99: In the FX markets a/an _ quote

Q100: If a FX speculator sells USD that

Q101: If the Australian central bank wished to

Q102: Currently,the largest FX centre is in:<br>A) New

Q103: Discuss briefly why a central bank might