Table 18.1 lists foreign exchange rates for August 7, 2020. On that day, how many dollars would be required to purchase 1,000 units of each of the following: British pounds, Canadian dollars, EMU euros, Japanese yen, Mexican pesos, and Swedish kronas?

Table 18.1

Transcribed Image Text:

Australian dollar Brazilian real British pound Canadian dollar Chinese yuan Danish krone EMU euro Hungarian forint Israeli shekel Japanese yen Mexican peso South African rand Swedish krona Swiss franc Sample Exchange Rates: Friday, August 7, 2020 Indirect Quotation: Number of Units of Direct Quotation: U.S. Dollars Required to Buy One Unit of Foreign Currency (1) 0.7157 0.1839 1.3050 0.7472 0.1435 0.1582 1.1788 0.00340507 0.2932 0.00944 0.0447 0.0567 0.1143 1.0959 Foreign Currency per U.S. Dollar (2) 1.3972 5.4381 0.7663 1.3384 6.9678 6.3200 0.8484 293.68 3.4107 105.93 22.3873 17.6397 8.7509 0.9125 TABLE 18.1