What is the spot rate for the British pound on Wednesday in terms of the U.S. dollar?
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What is the spot rate for the British pound on Wednesday in terms of the U.S. dollar? (Or, stated differently, how many dollars does a pound cost? Or, from the U.S. perspective, what is the direct quote on pounds?)
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The spot rate is the exchange rate at which one currency can be exchanged for another in the spot ma...View the full answer
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