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Summer Abroad: Moscow to Mumbai. After spending a week in Moscow, you get an email from your friend in India. He can get you a
Summer Abroad: Moscow to Mumbai. After spending a week in Moscow, you get an email from your friend in India. He can get you a really good deal on a plane ticket and wants you to meet him in Mumbai next week to continue your global studies. You have rubles left in your money pouch. In preparation for the trip, you want to exchange your Russian rubles for Indian rupee at the Moscow airport:
Spot rate Rubles$ or USD
Spot rate Rupee per dollar, INR USD
INR
a What is the Russian ruble to rupee cross rate?
b How many Indian rupee will you obtain for your rubles?
a What is the Russian rublerupee cross rate?
The Russian rublerupee cross rate is INRRound to four decimal places.
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