Purchasing Power ParityForums › Ask CIMA Tutor Forums › Ask CIMA F3 Tutor Forums › Purchasing Power ParityThis topic has 1 reply, 2 voices, and was last updated 5 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts April 7, 2019 at 5:32 pm #511397 trentwolffMemberTopics: 1Replies: 0☆Hi Chris,In your video on the purchasing power parity (Chapter 1 – example 11) you said the base currency is £ but the question has it as $/£1.70 – doesn’t this mean that the $ is the base currency? May 20, 2019 at 10:07 am #516539 P2-D2KeymasterTopics: 4Replies: 7079☆☆☆☆☆Hi,I suppose it technically does but don’t worry as the questions in the exam are clear as to which is the base currency and how the exchange rate works.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In