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Hi sir,
I would like some help concerning the rate of exchange used 0.6700, how it comes to this figure. i’m not really at ease with those foreign exchange topic.Thanks
The $/GBP rate is given in the question as 1.4925
To convert it to a GBP/$ rate you take the reciprocal. 1/1.4925 = 0.6700 GBP to the $
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