Arbitrage Illustration 3
Two banks are quoting the following US$ rates:
Bank A : 46.7510 – 7670
Bank B : 46.7650 – 7770
Find out the arbitrage opportunities.
(Ans.: There is no arbitrage opportunity)
Arbitrage Illustration 3
Two banks are quoting the following US$ rates:
Bank A : 46.7510 – 7670
Bank B : 46.7650 – 7770
Find out the arbitrage opportunities.
(Ans.: There is no arbitrage opportunity)
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