Home Currency and Foreign currencyForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Home Currency and Foreign currencyThis topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts July 14, 2021 at 2:01 pm #627710 Christie9693ParticipantTopics: 32Replies: 12☆How do we identify the home currency and Foreign currency in Foreign exchange risk? July 14, 2021 at 3:21 pm #627724 John MoffatKeymasterTopics: 57Replies: 54479☆☆☆☆☆The home currency is the currency against which the other currency is being quoted.So if, for example, the quote is $1.50 = £1, the £ is the home currency,I do explain this in my free lectures on the forecasting of exchange rates, July 14, 2021 at 4:39 pm #627732 Christie9693ParticipantTopics: 32Replies: 12☆Thank you sir!! July 15, 2021 at 7:03 am #627796 John MoffatKeymasterTopics: 57Replies: 54479☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Home Currency and Foreign currency’ is closed to new replies.