10 Current spot rates are as follows: USD/CHF 1.5384/89 USD/SGD 2.3895/05 EUR/USD 0.9678/83 AUD/USD 0.5438/43 (a) What...
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10 Current spot rates are as follows:
USD/CHF 1.5384/89 USD/SGD 2.3895/05 EUR/USD 0.9678/83 AUD/USD 0.5438/43
(a) What is the two-way price for CHF/SGD? On which side of this price would the customer sell SGD?
(b) What is the two-way price for EUR/AUD? On which side of this price would the customer buy EUR?
(c) What is the two-way price for EUR/CHF? On which side of this price would the customer buy CHF?
(d) What is the two-way price for CHF/AUD? On which side of this price would the customer sell CHF?
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Related Book For 
Foreign Exchange And Money Markets Theory Practice And Risk Management
ISBN: 9780750650250
1st Edition
Authors: Bob Steiner
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