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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 crossquotes for MXN Mexican peso and CHF Swiss franc
tableUSDMXN in New York,USDCHF in Chicago,MXNCHF in Mexico City
For triangular arbitrage to be eliminated:
The price of USDCHF for the Chicago dealer will increase
The price of MXNCHF for the Mexico City dealer will decrease
The price of USDMXN for the New York dealer will increase
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