Q.1) EUR USD 1.5150/1.5280
Calculate Mid Rate, Spread and % Spread.
(Ans: Mid Rate EUR USD 1.5215; Spread USD 0.0130 and % Spread = 0.85%)
Q.2) AUD USD 0.8940 Mid Rate
USD 0.0250 Spread
Calculate Bid / Ask Rate.
(Ans: AUD USD 0.8815/0.9065)
Q.3) USD EUR 0.7750 / 80
EUR USD?
(Ans: EUR USD 1.2853/1.2903)
Q.4) Study following quotes:
GBP INR 75 and SGD INR 26.52
What is GBP SGD rate?
(Ans: GBP SGD 2.8281)
Q.5) From the following rates, find out AED INR Rate:
USD INR 47.9710 / 48.0101
USD AED 3.6701 / 6859.
(Ans: AED INR 13.0147 – 13.0814)
in question 5
Q.5) From the following rates, find out AED INR Rate:
USD INR 47.9710 / 48.0101
USD AED 3.6701 / 6859.(it should be 3.6859 to drive the given ans (Ans: AED INR 13.0147 – 13.0814))