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Suppose you have LKR 1,000,000 with you and a local bank is offering a rate of LKR : AUD 120.98 - 123.15. Further, assume that

Suppose you have LKR 1,000,000 with you and a local bank is offering a rate of LKR : AUD 120.98 - 123.15. Further, assume that the exchange rate quotations between these two currencies and the USD are; USD : AUD 0.6970 - 0.7085 and LKR : USD 176.42 - 180.28 Would a triangular arbitrage be profitable under these circumstances

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