2012 CFA Level 1 Economics R21 Currency Exchange Rates.mp4

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Economics R21 Currency Exchange Rates 2012 CFA Level 1 Online Lecture
  1. CFAVideoLectures
  2. Economics
  3. R21
  4. Currency
  5. Exchange
  6. Rates2012
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Seems to me that CFA made a hugh mess out of this Reading. AUD/HKD is quoted nowadays @ 6.34, which means that it takes 6.34 Hong Kong dollars to buy to one Aussie -- not the other way arond. Hence an increase in this rate means that it will take even more HKD to accomplish the same goal. Where am I wrong with that?

dgtler