Question: foreign exchange management Short answer type questions Assuming you are the Forex dealer and the following rates per $ (US Dollar) is quoted against SF.

foreign exchange management Short answer type questions Assuming you are the

foreign exchange management

Short answer type questions Assuming you are the Forex dealer and the following rates per $ (US Dollar) is quoted against SF. (Swiss Franc) Day Quote 1.6982/98 26.12.2019 27.12.2019 1.5990/7060 28.12.2019 1.7027/42 i. On which day is it cheaper to buy US $ with respect to SF? ii. How many US $ do you need to buy 1000 SF on Day 1? iii. Find out forex-spread on 27th December? iv. If you want to exchange $ 2500 for SF 4256.75 on which day it is cheapest

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