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How many us dollars will a pound buy

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Reference no: EM132951789

Suppose one British pound can purchase 1.82 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the British pound will depreciate by 9.0% against the US dollar over the next 30 days. How many US dollars will a pound buy in 30 days?

Reference no: EM132951789

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