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When solving for the bid rate on SGD/CAD, can you please explain where you are getting the numbers (1.3612 x (1/1.2565))? Page 1 DATE: Given
When solving for the bid rate on SGD/CAD, can you please explain where you are getting the numbers (1.3612 x (1/1.2565))?
Page 1 DATE: Given US&I= CAD Lus$ 1= SGD 1.2535-102565 103612 - 1.3648 Converting those into direct quotes CAD = USD 1 1.2565 - 1 .1 SGD = USD 1 7.3648 1.3648 1.3612 To find, SGD/CAD for = SGD X USD Rate SGD CAD Bid USD CAD = 1.3612 XI - 162565 X OX1 = SGD = 1.0833 tox CAD - For Ask rate SGD CAD SGO USD CAD = 16 3648 x 1 1.2535
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