Do you know how much is 400000 British Pound Sterling in US Dollars (USD) at the current exchange rate. Currencies . Convert to Japanese Yen(JPY) Convert to South Korean Won(KRW) Convert to US Dollar(USD) Convert to Euro(EUR) Convert to British Pound(GBP) Convert to Chinese Yuan(CNY) Convert to Swiss Franc (CHF)
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Economics Stack Exchange is a question and answer site for those who study, teach, research and apply economics and econometrics. It only takes a minute to sign up. Yes, You are right but nominal exchange rate must be written in direct equation form. For instance from US view point $2=£1. Not $1= 0.5£, it is indirect equation.
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Nov 20, 2014 The carry trade has little to do with the appreciation of the currency, but by interest rate movements of all currencies against the US dollar. Jun 27, 2019 The “carry” trade in foreign exchange markets – buying currencies with like the Japanese yen and the US dollar, which appreciated sharply. The carry trade may be making a comeback, after a decade in the doldrums, laid into currencies backed by high interest rates, such as the Australian dollar.
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