Forex Spot and Forward Illustration 30
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Using following data, calculate exchange rate for CAD, CHF, GBP and EUR in terms of Indian Rupee.
|
|
Bid |
Ask |
|
|
USD |
INR |
45 |
45.5 |
|
|
|
|
|
|
USD |
CAD |
1.1100 |
1.1250 |
|
USD |
CHF |
1.5017 |
1.5364 |
|
GBP |
USD |
1.7500 |
1.7600 |
|
EUR |
USD |
1.2500 |
1.2600 |
(Ans.: CAD INR 40/41; CHF INR 29.29/30.30; GBP INR 78.75/80.08 and EUR INR 56.25/57.33)
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