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Over the past month, the Swiss Franc (CHF) has depreciated 12 pe

2023-11-03CFA-Level1

Over the past month, the Swiss Franc (CHF) has depreciated 12 percent against pound sterling (GBP). How much has the pound sterling appreciated against the Swiss Franc?

A.

12%

B.

Less than 12%

C.

More than 12%

正确答案是C

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