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Moscow to Tokyo. After spending a week in Moscow you get an email from your friend in Japan. He can get you a very good
Moscow to Tokyo. After spending a week in Moscow you get an email from your friend in Japan. He can get you a very good deal on a plane ticket and wants you to meet him in Tokyo next week to continue your postgraduation celebratory trip. You have Russian rubles RUB left in your money pouch. In preparation for the trip you want to exchange your Russian rubles for Japanese yen JPY so you get the following quotes:
Spot rate on the rubledollar cross rate:
Spot rate on the yendollar cross rate:
RUB USD
USD
a What is the Russian rubleyen cross rate?
b How many Japanese yen will you obtain for your Russian rubles?
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