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You are given the following spot quotes on the same pair of currencies in two different markets from two different brokers: Quotes for the Indian
You are given the following spot quotes on the same pair of currencies in two different markets from two different brokers:
Quotes for the Indian Rupee against the Chinese Yuan:
Quotes for the Chinese Yuan against the Indian Rupee:
Which market would you use if you want to SELL Chinese Yuan?
Which market would you use if you want to BUY Chinese Yuan?
The first pair of quotes could be made in which country?
The second pair of quotes could be made in which country?
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