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The USD appreciates 2% versus the JPY. The USD appreciates 4% versus the MXN. What is the approximate appreciation or

Posted: Sun Jul 03, 2022 6:43 am
by answerhappygod
The USD appreciates 2% versus the JPY. The USD appreciates4% versus the MXN. What is the approximateappreciation or depreciation we might see in the JPY/MXN crossexchange rate?
Fill in the blanks:
The JPY/MXN cross rate should______________ about ______________ percent