Kapie

This confused me a little bit too when I started studying ... I think of the ccy's in terms of A and B. A is domestic, B is foreign.

Presentation for direct quotes of ccy A:

1) ccy A per unit of ccy B.

2) A/B

3) B:A



Edited 1 time(s). Last edit at Tuesday, June 1, 2010 at 11:14AM by CFACurse.