Understanding Indirect Quotes . An indirect quote is the opposite, or reciprocal, of a direct quote, also known as a “price quotation,” which expresses the price of one unit of a foreign ...

To convert a direct quote into an indirect quote, you take the reciprocal of the direct quote. For example, if the direct quote is $1.10/€, the indirect quote is calculated by dividing 1 by 1.10 ...

What Is a Direct Quote in the Context of Currencies?A direct quotation is one of two methods to express a currency exchange rate in the Forex . Tuesday, 02 January 2024 12:17 GMT.

Direct and indirect speech rules, examples, ... Direct Speech. Indirect Speech. Quotation marks. Uses quotation to delimit the words of the speaker. Does not require quotation marks.

Direct and Indirect Speech: Find here, Direct and Indirect Speech rules, exercises, ... (Indirect) 2. If the quote or message under inverted commas is a universal truth or a habitual action, ...