The value of the Australian dollar is always measured against the US dollar.
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Q6: When measured by daily turnover, the FX
Q7: The problem with floating exchange rates is
Q8: If AUD/USD is equal to 0.50 then
Q9: Foreign exchange markets facilitate cross-currency payments.
Q10: A company wishes to sell USD for
Q12: An increase in an exchange rate indicates
Q13: Expectations about future spot exchange rates do
Q14: A one-month forward contract is settled one
Q15: The term 'cross rates' has a range
Q16: A floating exchange rate means the FX
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