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As a trader for Goldman Sachs in Kuala Lumpur you see the below prices from two different banks. Is there a profitable arbitrage opportunity? EUR
As a trader for Goldman Sachs in Kuala Lumpur you see the below prices from two different banks. Is there a profitable arbitrage opportunity?
EUR interest rates: 6.000% - 6.125% p.a.
MYR interest rates: 10.500% - 10.625% p.a.
Spot rates: MYR 4.6602/EUR MYR 4.6622/EUR
One-year forward rates: MYR 4.9500/EUR MYR 4.9650/EUR
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