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Alcatel Lucent Form 20 F

Alcatel Lucent Form 20 F

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Instructions and help about Alcatel Lucent Form 20 F

this is one of the easier area of level one economics you know you just do numbers Fair straightforward so due to recent events exchange rate for INR per British P has changed from some number so which of the following is true about INR now it's an it's an opportunity to learn this concept now let's let's look at this carefully so the exchange rate is 10520 INR per British pound okay this was the original rate and then it became 89.33% 10 15.20 and the price of the Apple reduced to 89.33% minus 89.33% okay that is the difference between the two now since you can calculate appreciation or depreciation directly on the base currency so if you wanted to find out by how much GBP had depreciated we would have put denominator as 5.20 but in the question they have asked us what is true about INR so which means you will have to invert to make INR as the base currency so the shortcut to do that is instead of having opening value as denominator just have closing va

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