Question: Based on the table for the rates published in the US below, find the / cross bid and ask rates and fill in the table.
Based on the table for the rates published in the US below, find the / cross bid and ask rates and fill in the table. You need to show the steps how you get your answers. (Numbers should be rounded to 4 decimal places. Please note that your answers will be worthy zero mark if they do not include currency symbols $, and )
|
USD Bank Quotations | Direct American Terms | Indirect European Terms | ||
| Bid | Ask | Bid | Ask | |
| Between and $ | 1.5924 | 1.5929 | .6278 | .6280 |
| Between and $ | 1.3509 | 1.3514 | .7400 | .7402 |
Between and 1.1784 1.1791 0.8481 0.8486
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