Trepak-The Russian Dance. Calculate the percentage change in the value of the Ruble for the
three different cross-rates shown in the table for the six dates. Did the ruble fall further against
the U.S. dollar or the Swiss franc? For the period from November 7, 2013 to November 7, 2014:
The percentage change in Russian rubles per Swiss franc is \%. (Round to two decimal places.)
Switzerland has long served as a cornerstone of banking conservatism and a safe port in a world
of currency storms. Swiss banks had long been used by investors from all over the world as
financially secure institutions that would preserve the depositor's wealth with confidentiality. A
large part of the security offered was the Swiss franc itself. Russian citizens of wealth had used
Swiss banks heavily in recent years as a place where they could shelter their capital from
politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014
the Russian ruble's value began to slide against the Swiss franc, threatening their wealth. (Click
on the following icon in order to copy its contents into a spreadsheet.).
This PowerPoint helps students to consider the concept of infinity.
Trepak-The Russian Dance- Calculate the percentage change in the value.pdf
1. Trepak-The Russian Dance. Calculate the percentage change in the value of the Ruble for the
three different cross-rates shown in the table for the six dates. Did the ruble fall further against
the U.S. dollar or the Swiss franc? For the period from November 7, 2013 to November 7, 2014:
The percentage change in Russian rubles per Swiss franc is %. (Round to two decimal places.)
Switzerland has long served as a cornerstone of banking conservatism and a safe port in a world
of currency storms. Swiss banks had long been used by investors from all over the world as
financially secure institutions that would preserve the depositor's wealth with confidentiality. A
large part of the security offered was the Swiss franc itself. Russian citizens of wealth had used
Swiss banks heavily in recent years as a place where they could shelter their capital from
politics, both inside Russia and the outside (EU and US) world. But beginning in the fall of 2014
the Russian ruble's value began to slide against the Swiss franc, threatening their wealth. (Click
on the following icon in order to copy its contents into a spreadsheet.)
