2.3 Personal Transfers. As anyone who has traveled internationally learns, the exchange rates available to private...
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2.3 Personal Transfers. As anyone who has traveled internationally learns, the exchange rates available to private retail customers are not always as attrac- tive as those accessed by companies. The OzForex website offers a section on "customer rates" that illustrates the difference. Use the site to calculate what the percentage difference between Australian dollar/U.S. dollar spot exchange rates are for retail customers versus interbank rates. OzForex www.ozforex.com.au/exchange-rate
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Multinational Business Finance
ISBN: 9781292270081
15th Global Edition
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
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