- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 15. Currency Exchange Rates
- Subject 1. The Foreign Exchange Market
CFA Practice Question
The textbook uses the convention of A/B = e to identify exchange rates. The price currency is ______.
B. B
C. e
A. A
B. B
C. e
Correct Answer: A
B is the base currency and e is the exchange rate.
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