Indirect Quote = 1 / Direct Quote If USD/CHF=0.91, we'd need just 0.91 CHF to buy $1 USD. But for the Canadian dollar, we'd need CAD 1.45 to buy $1 USD. Indirect quotes are mainly used by forex ...

India and Russia are ditching the US dollar ... currency is secure in the near and medium term. The council reported that China’s Cross-Border Interbank Payment System (CIPS) added 62 direct ...