Economy, asked by keshu4328, 6 months ago

is usd/chf is direct quote in usa and why​

Answers

Answered by MdZaidAkhtar
0

Answer:

The USD/CHF is the currency pair of the U.S. dollar and Swiss franc. The currency pair shows how many Swiss francs (the quote currency) are needed to purchase one U.S. dollar (the base currency).

CHF is the unique currency code for the Swiss franc, and USD is the currency code for the U.S. dollar. Currencies are quoted in pairs, revealing how much of one currency it costs to buy the other.

Trading the USD/CHF currency pair is also known as trading the "Swissie."

Explanation:

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