Suppose the pound sterling is selling for $and the buying rate for the Swiss franc is $0.7Then the £/SFr cross rate is

Name: Suppose the pound sterling is selling for $and the buying rate for the Swiss franc is $0.7Then the £/SFr cross rate is
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Question

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To find the £/SFr cross rate, you need to divide the value of the pound in dollars by the value of the Swiss franc in dollars. If the pound is selling for $1 and the franc is $0.7, then £1 = SFr 1/0.7 = SFr 2.2817.

Suppose the Pound Sterling Is Selling for $And the Buying