4 If the spot AUD/USD exchange rate is quoted as 0.5413, what is the value of 1...
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4 If the spot AUD/USD exchange rate is quoted as 0.5413, what is the value of 1 ‘point’ on a deal of 1 million of the base currency?
If the spot USD/JPY exchange rate is quoted as 107.13, what is the value of 1 ‘point’ on a deal of 1 million of the base currency?
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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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