Over the past month, the Swiss franc (CHF) has depreciated 12 percent against the British pound (GBP).
Question:
Over the past month, the Swiss franc (CHF) has depreciated 12 percent against the British pound (GBP). How much has the pound sterling appreciated against the Swiss franc?
A. 12 percent
B. Less than 12 percent
C. More than 12 percent
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C is correct The appreciation of the Bri...View the full answer
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