Cross Rates Illustration 2


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Cross Rates Illustration 2

 

Bankers quotes as follows:

{MXN = Mexican Peso, BRL = Brazialian Real}

In Brazil : GBP BRL 5.2506 – 5.2600.

In Mexico : BRL MXN 3.9568 – 3.9698.

What is GBP MXN expected rate?

(Ans.: 20.7756/20.8812)

 


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