global finance 666
Question Description
Date |
USD/GBP |
HKD/USD |
Jan 2010 |
1.78 |
7.7 |
Mar 2010 |
1.90 |
7.75 |
For the period of 01/2010 to 03/2010, which of the following statement is correct?
A. GBP appreciates against USD and HKD depreciates against USD |
B. GBP depreciates against USD and HKD appreciates against USD |
C. USD appreciate against both GBP and HKD |
D. None of the above |
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