Indirect quote: Difference between revisions

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imported>Doug Williamson
(Generalise, from the USD only case.)
imported>Doug Williamson
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A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.  
A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.  


== See also ==
== See also ==

Revision as of 20:37, 21 March 2015

A foreign exchange rate quotation where the foreign currency amount is divided by the quoted rate, in order to calculate the domestic currency equivalent.


See also