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Suppose the USD/CAD is 1.310 1.355 and CAD/GBP is 0.8500-0.8685 What is the cross rate GBP/USD? If you have $100,000 and convert it to British
Suppose the USD/CAD is 1.310 1.355 and CAD/GBP is 0.8500-0.8685 What is the cross rate GBP/USD? If you have $100,000 and convert it to British pounds, how many pounds you will have? If you have 50,000 GBP and want to convert it to USD, how many US dollars you will have?
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