Eastpac offers the following quotes for the Australian Dollar (AUD) and the Indian Rupee (INR): 1.5256 -

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Eastpac offers the following quotes for the Australian Dollar (AUD) and the Indian Rupee (INR):

1.5256 - 1.5321 AUD/$

39.7405- 41.0543 INR/$

Bank of Bombay offers the following cross quotes for direct trading of AUD and Indian Rupees:

18.750-20.250 INR/AUD

What spot ask rate of INR/AUD is implicit in Eastpacʹs dollar quotes?

Related Book For answer-question

Practical Business Statistics

ISBN: 9780123852083

6th Edition

Authors: Andrew Siegel

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Posted Date: Mar 21, 2023 01:44 AM

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Eastpac offers the following quotes for the Australian Dollar (AUD) and the Indian Rupee (INR): 1.5256 -

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Given Spot Bid rate of AUD per USD 15256 Spot Bid rate of ... View the full answer

Practical Business Statistics

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