Two Point Arbitrage Illustration 4
Two banks are quoting following US$ rates:
Bank A: 44.1025/44.2050
Bank B: 44.3075/44.4000
Find out arbitrage gain in Rupees per one mil US$ investment.
(Ans.: 2,318)
Two Point Arbitrage Illustration 4
Two banks are quoting following US$ rates:
Bank A: 44.1025/44.2050
Bank B: 44.3075/44.4000
Find out arbitrage gain in Rupees per one mil US$ investment.
(Ans.: 2,318)
11 Comments