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You bank has given you two quotes. The exchange rate between Indian Rupee and the Australian dollar is Rs 53 / A$. The exchange rate
You bank has given you two quotes. The exchange rate between Indian Rupee and the Australian dollar is Rs 53 / A$. The exchange rate between Fijian Dollar and the Australian dollar is FJ$ 1.40 / A$. Assume that the Australia is the home country. What is the exchange rate between the two foreign currencies?
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Rs. 82.50 / FJ$.
none of the choices are correct.
Rs. 90.40 / FJ$.
Rs. 37.86 / FJ$.
Rs. 74.20 / FJ$.
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