Level I CFA: Currency Exchange Rates-Lecture 3

[@IFT-CFA]

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[@shubhammalpani2883]

Sir, @11:23 we had to find INR/PKT cross rate not PKR/INR.

[@stacyliddell5038]

@12:50 you calculated PKR/INR but the the question asked for INR/PKR. I know you can just divide 1 by 1.6667 but just wanted to point it out.

[@IFT-CFA]

Thanks for your feedback. We will fix it. IFT Support Team

[@MBrega]

I am seeing myself a bit confused over here...I am used to read a currency pair as ‘base/quote=ZZZ’, therefore ‘you need ZZZ of quote currency to buy 1 unit of the base currency’...something here makes me understand that it is showed the complete opposite. Am I mistaking something? Thatnl you in advance.

[@mccarmona1]

Sir, @16:38 the strongest currency over the next year, still GBP, even though the CFH is the only currency witch is going to see is currency appreciated. I don't know if I am understanding the question in the proper way, thanks.

[@IFT-CFA]

GBP is depreciating against USD. Please elaborate how do you think GBP is the strongest currency. IFT Support Team

[@mccarmona1]

Well, the GBP is te currency that receive more USD in exchange for 1 unit of his currency, I mean, I knew that CFH was the only currency appreciated in the exercise, it was about a language problem, not a mathematical one. Thanks for all the attention and excellent videos!

[@stacyliddell5038]

@@IFT-CFA I believe it's the interpretation of the word strongest. I also read it like that the first time. 1 GBP can buy you the most amount of USD compared to all the other currencies. The question is ambiguous.

[@metimetalk]

@@IFT-CFA Although iGBR depreciates against the USD it is still worth more, which is why “strongest” is confusing. So the definition of “strongest” is the confusion. Strongest meaning “currency that appreciates the most” is not what initially comes to mind. Great videos!

[@aneeshkhanna3723]

@12:53 we should reciprocate this to find the correct answer

[@IFT-CFA]

reciprocate INR / USD to get USD / INR. IFT Support Team

[@ryanm6282]

This dumb cfa materials is against real quotation in the market

[@lisama2538]

yesss this confuses me…

[@usmanzahid3711]

​@@lisama2538 same here

[@usmanzahid3711]

A bit confusing lecture this is