Chartered Financial Analyst Level 1
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An investor gathers the following spot exchange rate information:
AUD/CHF 1.4024 USD/CHF 1.0943
AUD/CHF is the amount of AUD per 1 CHF.
USD/CHF is the amount of USD per 1 CHF.
The AUD/USD spot rate is closest to:
An investor gathers the following spot exchange rate information:
| AUD/CHF | 1.4024 |
|---|---|
| USD/CHF | 1.0943 |
AUD/CHF is the amount of AUD per 1 CHF.
USD/CHF is the amount of USD per 1 CHF.
The AUD/USD spot rate is closest to:
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