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Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
How are prices established in the foreign exchange market?
The rates are quoted in two ways: A direct exchange rate (or direct quote) is the price of the foreign currency in terms of the home currency; and Indirect exchange rate (or indirect quote) is the price of the home currency in terms of the foreign currency.
What are foreign exchange rates?
Foreign exchange rates are currency exchange value of other countries.
Can Raw materials be direct or indirect?
raw material are indirect material
What is the cost of buying one currency with another?
It would depend entirely on where you get your money exchanged and current exchange rates. Many exchange companies charge a surcharge for changing money, but some banks/services do it point for point, though they may round down as generally it's not a direct exchange. For current exchange rates you can check out xe.com
Explain the difference between indirect and direct exchange rates?
The difference between indirect and direct exchange rates is that an indirect exchange rate is the number of foreign currency units that may be obtained for one local currency unit and a direct exchange rate is the number of local currency units needed to acquire one foreign currency unit. The direct exchange rate has the local currency units in the numerator (the U.S. dollar for the direct exchange rate for the U.S. dollar).
How are prices established in the foreign exchange market?
The rates are quoted in two ways: A direct exchange rate (or direct quote) is the price of the foreign currency in terms of the home currency; and Indirect exchange rate (or indirect quote) is the price of the home currency in terms of the foreign currency.
Where can one view the latest exchange rates?
One can view the latest exchange rates at a number of places. A few places to find exchange rates are at XE, OANDA, CNN, Currencies Direct. Commonwealth Bank offers the service posting the latest exchange rates as well.
Normal costing system?
A costing system that traces direct costs to a cost object by using the actual direct-cost rates times the actual quantities of the direct-cost inputs and that allocates indirect costs based on the budgeted indirect-cost rates times the actual quantities of the cost-allocation bases.
What is direct expenses and indirect expenses?
what is direct and indirect expense
What is the difference between direct and indirect transmission of information?
Direct transmission of information involves the immediate exchange of information between two parties, while indirect transmission involves the passing of information through an intermediary or a medium.
Pattern of direct and indirect speech?
definition direct and indirect statement
What is the difference between direct and indirect survey?
Direct surveys involve direct interaction with participants, such as face-to-face interviews or phone surveys. Indirect surveys use indirect methods, like questionnaires distributed via email or social media. Direct surveys typically have higher response rates and provide more in-depth qualitative data, while indirect surveys are often more cost-effective and reach a larger audience.
How are direct relationship and an indirect relationship different?
ones direct and the other is indirect..
Is you a direct or indirect object?
"You" can be either a direct or indirect object: It is a direct object in "I want to kiss you." It is an indirect object in "Henry is going to give you the tickets."
What is the direct and indirect object in did the woman give the dog any food?
Direct- food Indirect- dog
What is the Direct and indirect migration policies on destination?
What is the Direct and indirect migration policies on destination?
