Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a year ago, the euro - dollar exchange rate was eu

A year ago, the Euro - Dollar exchange rate was Euro 0.9 /$ and now...

80.2K

Verified Solution

Question

Finance

imageimage

A year ago, the Euro - Dollar exchange rate was Euro 0.9 /$ and now it is Euro 0.81 / $. Based on this data, the dollar has appreciated / depreciated by %. Provide your answer in percentd, rounded to two decimals, omitting the % sign. Indicate an appreciation by entering a positive number and depreciation by entering a negative number. Which of the following will contribute to the Swiss Franc's appreciation compared to the dollar? Mark all that apply. The Swiss government is actively promoting Switzerland as a tourist destination for Americans. Interest rates on Swiss bank accounts are higher than those in the U.S. With the recent election, economic uncertainty is rising in the U.S. The inflation in Switzerland is higher than the inflation in the U.S

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students