Suppose that the British Pound is quoted at $1.4419-36 and the Swiss Franc is quoted at $0.6250-67.

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Suppose that the British Pound is quoted at $1.4419-36 and the Swiss Franc is quoted at $0.6250-67. What is the direct quote for the British Pound in Zurich? Note that a direct quote is the home currency price of a foreign currency and that it must include both the bid and ask cross rates of the British Pound.

Posted Date: May 19, 2024 12:11 AM

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Suppose that the British Pound is quoted at $1.4419-36 and the Swiss Franc is quoted at $0.6250-67.

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