Question: According to the table below, what is the indirect quote of the spot dollar-pound exchange rate, from the U.S. perspective? Country U.S. $ equiv. Currency
- According to the table below, what is the indirect quote of the spot dollar-pound exchange rate, from the U.S. perspective?
| Country | U.S. $ equiv. | Currency per U.S. $ |
|
| Tuesday | Tuesday |
| Britain (Pound) 62,500 | 1.6000 | 0.6250 |
| 1 Month Forward | 1.6100 | 0.6211 |
| 3 Months Forward | 1.6300 | 0.6173 |
| 6 Months Forward | 1.6600 | 0.6024 |
| 12 Months Forward | 1.7200 | 0.5814 |
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