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Munich to Moscow. For your post-graduation celebratory trip, you decide to travel from Munich, Germany, to Moscow, Russia. You leave Munich with 16,000 euros (EUR)
Munich to Moscow. For your post-graduation celebratory trip, you decide to travel from Munich, Germany, to Moscow, Russia. You leave Munich with 16,000 euros (EUR) in your wallet. Wanting to exchange all of them for Russian rubles (RUB), you obtain the following quotes: Spot rate on the dollar/euro cross rate: USD 1.1253/EUR Spot rate on the ruble/dollar cross rate: RUB 58.868/ USD a. What is the Russian rubleleuro cross rate? The ruble/euro cross rate is (Round to three decimal places.)
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