Direct and Indirect Quotes in Foreign Exchange (FX)
Calculate the exchange rates from two perspectives using direct quotes and indirect quotes. A straightforward explanation.
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.
Is the UBE Easier?
After reviewing initial passing rates, it does not appear that implementation of the UBE has eased the passing of the bar.