Indirect quote: Difference between revisions
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imported>Doug Williamson (Generalise, from the USD only case.) |
imported>Doug Williamson No edit summary |
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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.