Two Point Arbitrage Illustration 2
Two banks are quoting following US dollar rates:
Bank A: 47.7530/7610
Bank B: 47.7650/7730
Find out the arbitrage possibilities. Calculate it for 1 million USD.
(Ans.: 83.7503 $)
Two Point Arbitrage Illustration 2
Two banks are quoting following US dollar rates:
Bank A: 47.7530/7610
Bank B: 47.7650/7730
Find out the arbitrage possibilities. Calculate it for 1 million USD.
(Ans.: 83.7503 $)
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