Today: $1.50 = 1 Yesterday: $1.60 = 1 What is the percentage pound appreciation/depreciation against the dollar over this one-day period?

Today: $1.50 = £1

Yesterday: $1.60 = £1

What is the percentage pound appreciation/depreciation against the dollar over this one-day period?

Select one:

a. 6% depreciation

b. 6.67% appreciation

c. 6.25% depreciation

d. 6.25% appreciation

e. 6.67% depreciation