Q1. DBS Bank wants to buy 30 Million USD against INR JP Morgan quotes USD/INR as 85.65/85.75 DBS Bank is Bearish on USD/INR 1 month from today, USD/INR goes down DBS Bank decided to sell the USD bought 1 month from today, JP Morgan quotes USD/INR as 85.55/85.60 Determine P/L. Q2. HDFC would like to buy 19 Million CAD today against INR. Citi Bank quotes CAD/INR as 62.500/62.505. HDFC is bullish on CAD/INR. 1 month from today, CAD/INR goes up. HDFC would like to sell the CAD bought. 1 month from today, Citi Bank quotes CAD/INR as 62.800/62.805. Determine P/L