Problem 1 Dr Maitha Emmad Al Wahaibi working as a Branch Manager in Alizz Islamic Bank, Muscat, Oman from the period 2012 onwards During the period, she got a request from a student in Higher College of Technology, Muscat to pursue her OJT for a period of two months starting from 1 st May 2020 to 30 th June 2020 in Forex Management domain But, Dr Maitha Emmad Al Wahaibi is very skeptical about the student knowledge level and technical background in the subject Forex Management In order to understand the student caliber, Dr Maitha Emmad Al Wahaibi wishes to conduct a basic examination with certain terms associated to Forex Management and the details are given bellow Date Time Currency Name Country Name Bid Ask 20 04 2020 09 18 28 AM Pound Sterling KSA 0 478963 0 480326 21 04 2020 09 41 42 AM Pound Sterling KSA 0 476198 0 477554 22 04 2020 09 04 37 AM Pound Sterling KSA 0 471782 0 473088 23 04 2020 08 34 05 AM Pound Sterling KSA 0 473395 0 474667 You are required to calculate the following information from the above details What will be the Indirect Quote for the OMR from the period starting from 20 th April 2020 to 23 rd April 2020 What will be the Bid Rate and Ask Rate displayed in the GBP market from the period starting from 20 th April 2020 to 23 rd April 2020 Determine the spread rate from 20 th April 2020 to 23 rd April 2020 for the Indirect Quote If Dr Maitha Emmad Al Wahaibi wish to buy spot GBP on 22 nd April 2020 How much she will receive in OMR In case Dr Maitha Emmad Al Wahaibi wanted to purchase spot OMR How much would you have to pay in GBP The Spot rate on 21 st April 2020 is OMR 0 476198 GBP The price of OMR is expected to appreciate by 1 after 15 days What will be new exchange rate after 15 days

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Question: Problem: 1 Dr. Maitha Emmad Al Wahaibi working as a Branch Manager in Alizz Islamic Bank, Muscat, Oman from the period 2012 onwards. During the

Problem: 1

Dr. Maitha Emmad Al Wahaibi working as a Branch Manager in Alizz Islamic Bank, Muscat, Oman from the period 2012 onwards. During the period, she got a request from a student in Higher College of Technology, Muscat to pursue her OJT for a period of two months starting from 1^st May 2020 to 30^th June 2020 in Forex Management domain. But, Dr. Maitha Emmad Al Wahaibi is very skeptical about the student knowledge level and technical background in the subject Forex Management. In order to understand the student caliber, Dr. Maitha Emmad Al Wahaibi wishes to conduct a basic examination with certain terms associated to Forex Management and the details are given bellow.

Date & Time	Currency Name	Country Name	Bid	Ask
20/04/2020 09:18:28 AM	Pound Sterling	KSA	0.478963	0.480326
21/04/2020 09:41:42 AM	Pound Sterling	KSA	0.476198	0.477554
22/04/2020 09:04:37 AM	Pound Sterling	KSA	0.471782	0.473088
23/04/2020 08:34:05 AM	Pound Sterling	KSA	0.473395	0.474667

You are required to calculate the following information from the above details:

What will be the Indirect Quote for the OMR from the period starting from 20^th April 2020 to 23^rd April 2020?
What will be the Bid Rate and Ask Rate displayed in the GBP market from the period starting from 20^th April 2020 to 23^rd April 2020?
Determine the spread rate from 20^th April 2020 to 23^rd April 2020 for the Indirect Quote?
If Dr. Maitha Emmad Al Wahaibi wish to buy spot GBP on 22^nd April 2020. How much she will receive in OMR?
In case Dr. Maitha Emmad Al Wahaibi wanted to purchase spot OMR. How much would you have to pay in GBP?
The Spot rate on 21^st April 2020 is OMR 0.476198/GBP. The price of OMR is expected to appreciate by 1 after 15 days. What will be new exchange rate after 15 days?

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