Homework SourseThe exchange rate of a Euro to US do two days last statuary
The exchange rate of a Euro to US do two days last statuary on 23 was $118533/91 Th\"?aange 25 $3. 1mes/ Euro is appreciated Dollar is appreciated Both currencies are appreciae Dollar is depreciated a and d ![The exchange rate of a Euro to US do two days last statuary on 23 was $118533/91 Th\](/WebImages/45/the-exchange-rate-of-a-euro-to-us-do-two-days-last-statuary-1143545-1761613916-0.webp "The exchange rate of a Euro to US do two days last statuary on 23 was $118533/91 Th\")
Solution
On 23 rd June Exchange Rate was $1.16533/EURO 1 and on 25th June Exchange Rate was $1.18005/ EURO 1
Hence we can buy more USD on 25 th June as USD has depreciated and Euro has appreciated
Option E is correct response as (A and D are correct)
