Is the domestic currency within a currency quote ie: 120/1 always on the bottom? So in this quote, DC would be 1?
I think it depends on if it’s a direct or indirect quote. But I think in regular reporting the DC is on the bottom, but I’m not 100% sure, I need to review that section.
I think for a direct quote it’s DC/FC and for an indirect quote it’s FC/DC. Like Reggie, I’m also not 100% sure…