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nspired by his recent trip to the Great Pyramids, Citibank trader Ruminder Dhillon wonders if he can make an intermarket arbitrage profit using Libyan dinars

nspired by his recent trip to the Great Pyramids, Citibank trader Ruminder Dhillon wonders if he can make an intermarket arbitrage profit using Libyan dinars and Saudi riyals. He gathers the following quotes ;Assume you have an initial $530208. Can you make a profit via triangular arbitrage? Please calculate triangular arbitrage NET profit.

national bank of Kuwait:SAR1.875/LYD

Citibank:$1.879/LYD

ryiadbank:$0.78890/SAR

$106041.60

$132557.60

$1237152.00

$192200.40

$ 662765.6

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