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The table presents quotes and cross - quotes for MXN ( Mexican peso ) and CHF ( Swiss franc ) . table [ [

The table presents quotes and cross-quotes for MXN (Mexican peso) and CHF (Swiss franc).
\table[[USD/MXN in New York,USD/CHF in Chicago,MXN/CHF in Mexico City],[075,1.05,13.90]]
For triangular arbitrage to be eliminated:
The price of USD/CHF for the Chicago dealer will increase
The price of MXN/CHF for the Mexico City dealer will decrease
The price of USD/MXN for the New York dealer will increase
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