Forex Quotation Illustration 6
Identify the names of respective countries where the following is a direct quote. For each find indirect quote in that country.
i. 75.31 = GBP 1
ii. USD 1 = 48.30
iii. Re. 1 = Sw. Kr. 0.2055
iv. 126.26 = Omani Riyal 1
v. GBP 1 = $ 0.639
Ans:
|
Quote |
Country which this is a Direct Quote |
Indirect Quote |
|
| (i)
(ii) (iii) (iv) (v) |
75.31 = GBP 1
USD 1 = 48.30 Re. 1 = Sw. Kr. 0.2055 126.26 = Omani Riyal 1 GBP 1 = $ 0.639 |
India India Sweden India USA |
£ 1.3278/100
$ 2.0704/100 4.8662/Sw. Kr. Omani Riyal 0.7920/100 £ 1.5649/$ |
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