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QUESTION

The accompanying chart indicates an actual newspaper quotation of the exchange rate of various currencies. On February 2, did the dollar appreciate

The accompanying chart indicates an actual newspaper quotation of the exchange rate of various currencies. On February 2, did the dollar appreciate or depreciate against the British pound? How did it fare against the Canadian dollar?

                                                           U.S. Dollar Equivalent

                                              British pound                  Canadian dollar

February 1                                      1.755                                  1.746  

February 2                                      0.6765                                0.6775

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