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  3. How are exchange rates published daily? What quote does China use?

How are exchange rates published daily? What quote does China use?

admin2015-10-23  101
问题 How are exchange rates published daily? What quote does China use?
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答案Exchange rates are published daily in two different ways．A direct exchange rate is the price of a foreign currency in terms of the home currency． In a direct quote，an amount of foreign currency，usually one unit or one hundred units is taken as the standard and the equivalent amount of home currency is marked after it．An indirect exchange rate is the price of home currency in terms of a foreign currency． In an indirect quote one unit or one hundred units home currency is taken as the standard and the equivalent of foreign currency is given．China uses the direct quote．
解析 此题考查对于汇率两种不同公布形式的理解，可结合教材具体内容作答。
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