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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 457,000 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 RBL=1.00 USD) Rbl65.05/$ Spot rate (Rupee per dollar, INR =1.00 USD) INR 66.16/\$ 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 ruble/rupee cross rate? The Russian ruble/rupee cross rate is RbI IINR. (Round to four decimal places.)
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