Mint Newspaper — Wrong Information

Address:

Delhi

Dear Sirs,

I, Abhishek Sharma, a regular reader of MINT newspaper, specially "MARKET & FINANCE". First of all, I appreciate that MINT using market convention for quoting the Key CURRENCIES RATE.

I would like to inform MINT that, they are regularly committing a same mistake while quoting the Currency Conversion Rate.
For instance, refer your newspaper_ Market & Finance_ Market Monitor_ Key Currencies_3rd quote.

i. e. USD/EUR

1st mistake- Its a wrong quote, correct one is EUR/USD (As per Market Convention)
But if you are using USD/EUR, it means they are talking in respect o[censored]SD, further means, USD is base currency, than the value quoted by them is calculated wrongly.

IT IS “1 DECIMAL AND SOMETHING (1.2222)”., BUT 1 USD IS LESS THAN A EUR...(0.2222)

Remaining quotes are correct. I also informed you that I have got mislead by this information and have born a heavy loss.

Please look into this Matter.


Reply is Appreciable.

Thanks


Abhishek Sharma