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At the time this screen was captured, what was the difference between Nomura and Rabobank's estimates for the Japanese yen/euro currency pair for the end of Q4 2019?

User Jahav
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1 Answer

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Final answer:

The answer requires subtracting one estimate from another for the Japanese yen/euro currency pair; however, the specific figures from Nomura and Rabobank are not provided, making it impossible to determine the exact difference.

Step-by-step explanation:

The student is asking about the difference between Nomura and Rabobank's estimates for the Japanese yen/euro currency pair for the end of Q4 2019. While the specific estimates from Nomura and Rabobank are not provided in the reference materials, it's possible that these details were included in a figure or a table that was supposed to be viewed in conjunction with this question.

Typically, the answer would involve calculating the numerical difference between the two estimates provided by these financial institutions to find out how much their predictions for the yen/euro exchange rate differ as of the end of Q4 2019. However, without the actual figures provided by Nomura and Rabobank, a precise answer cannot be determined.

To answer a question like this when all the required data is available, one would simply subtract one institution's estimate from the other's. For instance, if Nomura predicted that the yen/euro exchange rate would be 120 yen per euro and Rabobank predicted 125 yen per euro, the difference would be 5 yen per euro.

User Palmi
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