Arbitrage Illustration 5
Following rates are quoted by 3 different dealers:
0.6405 UK£ per US$ Dealer A
2.8606 AU$ per UK£ Dealer B
1.8402 AU$ per US$ Dealer C
Are there any arbitrage-gains possible?
(Ans.: Thus there is a net gain of 436 US$)
Arbitrage Illustration 5
Following rates are quoted by 3 different dealers:
0.6405 UK£ per US$ Dealer A
2.8606 AU$ per UK£ Dealer B
1.8402 AU$ per US$ Dealer C
Are there any arbitrage-gains possible?
(Ans.: Thus there is a net gain of 436 US$)
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