In December 2020 the government of Syria officially changed the value of its SYP (Syrian Pound) by 65 per USD 3000 SYP USD What was the percentage change in its value Was this a depreciation, devaluation, appreciation, or revaluation Explain b) If your business is importing and exporting goods from...

Answer The Syrian authorities is setting on a courageous face Its 2660 billion pound kingdom price r ...

In December 2020 the government of Syria officially changed the value of its SYP (Syrian Pound) by

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In December 2020 the government of Syria officially changed the value of its SYP (Syrian Pound) by 65% per USD -3000 SYP/USD

What was the percentage change in its value? Was this a depreciation, devaluation, appreciation, or revaluation? Explain.

b) If your business is importing and exporting goods from and to Syria, what would you do to protect your business against currency fluctuation?

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Multinational Business Finance

ISBN: 978-0133879872

14th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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Posted Date: Jun 16, 2022 01:39 PM

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In December 2020 the government of Syria officially changed the value of its SYP (Syrian Pound) by

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Multinational Business Finance

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