State whether the following is true or false.textsterling1 = US$1.8879 is a direct quote of the exchange rate of the Pound sterling.

FOREIGN CURRENCY MARKETS

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

State whether the following is true or false.£1 = US$1.8879 is a direct quote of the exchange rate of the Pound sterling.

A	False
B	True
C	Either A or B
D	None of the above

Explanation:

There is 1 question to complete.

ECONOMICS (CBSE/UGC NET)

ECONOMICS

FOREIGN CURRENCY MARKETS