Currency Exchange Rates
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Question 1 of 8
1. Question
Foreign Exchange Rates
The HKD/SGD rate is has increased from 5.4512 to 5.7458.
The appreciation/depreciation of HKD relative to SGD is closest to:
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Question 2 of 8
2. Question
Foreign Exchange Rates
ZAR/JPY = 0.13563
KRW/JPY = 10.9331What is the cross rate for KRW/ZAR?
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Question 3 of 8
3. Question
Forward Exchange Rates
Spot CNY/HKD = 0.9434
180-day CNY/HKD forward = Spot – 73ptsWhat is the annualised premium/discount for the 180-day CNY/HKD forward?
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Question 4 of 8
4. Question
Forward Exchange Rates
The spot BRL/USD rate is 3.9782. If USD interest rate is 2.1%, and BRL interest rate is 5.4%, the 90-day forward points in BRL/USD would be closest to:
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Question 5 of 8
5. Question
Exchange Rate Regimes
A central bank recently changed its exchange rate regime from fixed peg to crawling peg. The most likely reason for the change is:
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Question 6 of 8
6. Question
Exchange Rate Regimes
NewLand just gained independence as a country and is considering joining the European Monetary Union. Which of the following is the LEAST likely advantage of this move?
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Question 7 of 8
7. Question
Exchange Rates, International Trade, and Capital Flows
A country has been having a high trade deficit for many years, and the new government is planning to reduce the trade deficit by depreciating its domestic currency. The majority of the country’s imports and exports are low-priced items like clothing and basic food supplies. If the government goes ahead to depreciate its currency, the trade deficit will most likely:
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Question 8 of 8
8. Question
Exchange Rates, International Trade, and Capital Flows
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