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Cross Rate Between Francs and Pounds

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Suppose the exchange rate between U.S, dollars and the Swiss franc was SFr1.6=$1, and the exchange rate between U.S dollars and British pound was L1=$1.50. What was the cross rate between francs and pounds?

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https://brainmass.com/economics/exchange-rates/cross-rate-between-francs-pounds-313965

Solution Summary

The cross rate between francs and pounds is expressed.

$2.19
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