ACI
3I0-012 · Question #541
If EUR/USD is quoted to you as 1.1050-53, does this price represent?
The correct answer is B. The number of USD per EUR. See the full explanation below for the reasoning.
Question
If EUR/USD is quoted to you as 1.1050-53, does this price represent?
Options
- AThe number of EUP per USD
- BThe number of USD per EUR
- CDepends on whether the price is being quoted in Europe or the US
- DDepends on whether the price is being quoted interbank or to a customer
How the community answered
(24 responses)- A17% (4)
- B71% (17)
- C4% (1)
- D8% (2)
Community Discussion
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