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F3 notes pg 10 Eg 10&11

Forums › Ask CIMA Tutor Forums › Ask CIMA F3 Tutor Forums › F3 notes pg 10 Eg 10&11

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.
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  • Author
    Posts
  • November 15, 2018 at 7:30 pm #484940
    duffface
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Hi,

    Checking, on both these examples, the currency rate is confusing.

    For Eg 11 the man says its $1.7 to the £ but it looks like its it says £1.7 to the $ as I read it ($/£1.7).

    Thanks

    January 1, 2019 at 7:27 pm #499612
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    Hi,

    It does look confusing but this is the standard terminology used in the exams and in the real world markets.

    Thanks

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