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Summer Abroad: Moscow to Mumbai.After spending a week in Moscow you get an email from your friend in India. She can get you a really
Summer Abroad: Moscow to Mumbai.After spending a week in Moscow you get an email from your friend in India. She can get you a really good deal on a plane ticket and wants you to meet her in Mumbai next week to continue your global studies. You have Russian rubles (RUB) left in your money pouch. In preparation for the trip you want to exchange your Russian rubles for Indian rupee (INR) at the Moscow airport: Spot rate (Rubles/$ a. What is the Russian ruble to Indian rupee cross rate? b. How many Indian rupee will you obtain for your rubles? c. What is this amount in U.S. dollars
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