Explaining variation in bidask spreads go to the currency


Explaining Variation in Bid/Ask Spreads Go to the currency converter at finance.yahoo.com/currency and determine the bid/ask spread for the euro. Then determine the bid/ask spread for a currency in a less developed country. What do you think is the main reason for the difference in the bid/ask spreads between these two currencies?

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Basic Statistics: Explaining variation in bidask spreads go to the currency
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