Mohiuddin: EURUSD: 1.4351 / 1.4355; USDINR: 44.38 / 44.39. Calculate EURINR rate?

Tuesday, 3 May 2016

EURUSD: 1.4351 / 1.4355; USDINR: 44.38 / 44.39. Calculate EURINR rate?

EURUSD: 1.4351 / 1.4355; USDINR: 44.38 / 44.39. Calculate EURINR rate?

a) 64.6897 / 63.7218

b) 63.6897 / 63.7218

c) 63.6897 / 64.7218

d) 63.7997 / 63.6218

Explanation

EURUSD Bid rate * USDINR Bid rate: 1.4351 * 44.38 = 63.6897

EURUSD Ask rate * USDINR Ask rate: 1.4355 * 44.39 = 63.7218

2 comments:

Unknown21 March 2017 at 01:01
thanks
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Hicentrik23 October 2020 at 10:02
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