An exporter located in Sweden has been asked to accept a payment in 1 years’ time of 945,000,000 Rupee for a shipment of trucks to Sri Lanka. Unfortunately, there is no foreign exchange option for Krona-Rupee exchange and the exporter cannot readily find someone to take the other side of a forward contact. The exporter observes that The Swedish Krona is currently trading at .12 US dollars. The Sri Lankan Rupee is trading at .005 US dollars. A bank in Sri Lanka posts an annual interest rate of 35% on all deposits and loans. A bank in Sweden posts an annual interest rate of 2% on all deposits and loans.

 Using the two banks and the current spot rates, calculate how much the exporter is assured of Swedish Krona for their exports?