Question

What is direct quote and how it is different from indirect quote?

Answer 1

In the indirect quote, on the other hand, the foreign currency is variable and the domestic currency is fixed at one unit. For example, if Canada is the domestic currency, a direct quote would be 1.18 USD/CAD and means that USD$1 will purchase C$1.18

Answer 2

Explanation:

“Beautiful people are not always good but good people are always beautiful.”