› CFA › CFA Level 1 › Question on Direct & Indirect Quote in the US based on The Analyst Notes Questions Search for:Search Button CFAFRMCAIACareersLounge GeneralLevel 1Level 2Level 3 Question on Direct & Indirect Quote in the US based on The Analyst Notes Questions Reply Login Sign Up This topic has 0 replies, 1 voice, and was last updated Jun-18 by wannabe1988. Author Posts wannabe1988Participant Summer Associate 26 Jun 2018 at 4:14 pm Up0Down Hi I am little confused answers given. If a direct exchange rate quote is used as explained in the choice B, doesn’t that means home currency is used as price currency & it tells us how many foreign currency is needed to buy one unit of US dollar? Author Posts Viewing 0 reply threads You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Register Log In