Two banks are quoting the following US$ rates:
Bank A : USD INR 39.20 / 39.30
Bank B : USD INR 39.40 / 39.50
Find out the arbitrage opportunities.
(Ans.: Â 2,545 on Investment of 1 million )
Two banks are quoting the following US$ rates:
Bank A : USD INR 39.20 / 39.30
Bank B : USD INR 39.40 / 39.50
Find out the arbitrage opportunities.
(Ans.: Â 2,545 on Investment of 1 million )
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