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A company in South Africa wants to sell South African rand (ZAR) to purchase Indonesian rupiah (IDR). Which currency pair trading approaches can they use
A company in South Africa wants to sell South African rand (ZAR) to purchase Indonesian rupiah (IDR). Which currency pair trading approaches can they use to accomplish this?
Choose all answers that accomplish this.
• Sell ZAR/IDR directly
• Buy ZAR/ID directly
• Buy USD/ZAR and then sell USD/DR
• Sell USD/ZAR and then buy USD/DR
Choose all answers that accomplish this.
• Sell ZAR/IDR directly
• Buy ZAR/ID directly
• Buy USD/ZAR and then sell USD/DR
• Sell USD/ZAR and then buy USD/DR
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Edition
134519574, 9780134521046 , 978-0134519579
