In what sense is it a misnomer to refer to a currency as
1. In what sense is it a misnomer to refer to a currency as weak or strong? Who benefi ts and who loses if the yen appreciates against the pound?
2. What does a spot exchange rate have in common with a forward rate, and how are they different?
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1 in what sense is it a misnomer to refer to a currency as weak or strong who benefi ts and who loses if the yen
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