Direct and Indirect Quotes in Foreign Exchange (FX)
Calculate the exchange rates from two perspectives using direct quotes and indirect quotes. A straightforward explanation. Continue reading Direct and Indirect Quotes in Foreign Exchange (FX)
Month: March 2020
Appreciation, Depreciation, and Calculating the Rate of Change
Depreciation occurs where the domestic currency purchases less foreign currency in an exchange.
Appreciation occurs where the domestic currency purchases more foreign currency in an exchange. Continue reading Appreciation, Depreciation, and Calculating the Rate of Change