The South African Rand is trading 11.4518 11.4522 Rand/$. The UK pound is trading at 1.5075-1.5079
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The South African Rand is trading 11.4518 – 11.4522 Rand/$. The UK pound is trading at 1.5075-1.5079 $/pound. What range of pound/Rand rates imply no opportunity for arbitrage?
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