Triangular Arbitrage Illustration 3
Following rates are quoted:
55.5000 = 1 Pound in London
45.625 = 1 US$ in Delhi
$ 1.2182 = 1 Pound in New York
Are Arbitrage gains possible?
(Ans.: Yes. 1,448 Gain)
Triangular Arbitrage Illustration 3
Following rates are quoted:
55.5000 = 1 Pound in London
45.625 = 1 US$ in Delhi
$ 1.2182 = 1 Pound in New York
Are Arbitrage gains possible?
(Ans.: Yes. 1,448 Gain)
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