What is Currency Arbitrage in spot market? A New York Bank is currently offering quote as dollar

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1.2550 - 1.2560

per pound

.

At the same time, a bank in Sydney is quoting as dollar

14545 - 1.4555

per pound. Is there any arbitrage opportunity?

Related Book For answer-question

Calculus With Applications

ISBN: 9780135871348

12th Edition

Authors: Margaret L. Lial

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Posted Date: Mar 16, 2024 06:01 AM

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What is Currency Arbitrage in spot market? A New York Bank is currently offering quote as dollar

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Currency arbitrage in the spot market refers to the practice of exploiting dif... View the full answer

Calculus With Applications

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