Arbitrage Illustration 15
Two Banks are quoting US dollar rates as follows:
Bank A: Â 43.2550/43.5075
Bank B: Â 43.7525/43.8560
Find out arbitrage possibilities.
(Ans.: Gain 5,631 Rupees on investment of  1 million)
Â
Arbitrage Illustration 15
Two Banks are quoting US dollar rates as follows:
Bank A: Â 43.2550/43.5075
Bank B: Â 43.7525/43.8560
Find out arbitrage possibilities.
(Ans.: Gain 5,631 Rupees on investment of  1 million)
Â
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