Vietcom bank provides the following Spot quote USD/VND=23,150.00 – 23,250.00 and Vietin bank 23,152.00 – 23,252.00.

Explain whether and how two-point arbitrage profits could be realized by buying/selling USD and VND with the two banks Predict the Spot USD/VND exchange rate on 28th February 2020. You need to provide quantitative calculations and/or qualitative explanations to support your prediction.

Answer rating: 100% (QA)

1 Vietcom Bank USDVND 23150 23250 Vietin Bank USDVND 23152 23252 ... View the full answer