Autmusty4onFrancan Autmusty4onFrancan
  • 22-11-2016
  • Social Studies
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A japanese tourist in new york goes to a bank to convert his yens into dollars. the exchange rate that will be used for conversion will be the _____.

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metchelle
metchelle metchelle
  • 01-12-2016
The correct answer that would best complete the given statement above would be the term SPOT EXCHANGE RATE. A Japanese tourist in new York goes to a bank to convert his yens into dollars. The exchange rate that will be used for conversion will be the spot exchange rate. Hope this answer helps. 
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