Two banks are quoting the following US$ rates:
Bank A : 46.7510 – 7630
Bank B : 46.7680 – 7770
Find out the arbitrage opportunities.
(Ans.: He would make profit of $ 107)
Two banks are quoting the following US$ rates:
Bank A : 46.7510 – 7630
Bank B : 46.7680 – 7770
Find out the arbitrage opportunities.
(Ans.: He would make profit of $ 107)
15 Comments