Do dollar appreciate or depreciate against the british pound

Assignment Help International Economics

Reference no: EM13176870

The accompanying chart indicates an actual newspaper quotation of the exchange rate of various currencies. On February 2, did the dollar appreciate or depreciate against the British pound? How did it fare against the Canadian dollar?

U.S. Dollar Equivalent

British pound Canadian dollar

February 1 1.755 1.746

February 2 0.6765 0.6775

Reference no: EM13176870

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