Your bank has provided bid and ask spot rates for the following currencies, ARS $($Argentina$),$

AUD $($Australia$),$ BRL $($Brasil$/$Brazil$),$ CNY $($China$),$ EUR $($Euro$),$ GBP $($Great Britain$),$ INR

$($India$),$ JPY $($Japan$),$ LKR $($Sri Lanka$),$ NZD $($New Zealand$),$ SOL $($Peru$),$ TRY $($Turkey$),$ and

USD $($United States of America$).$ You think that the bank is taking a bigger spread on currencies

that the bank deems to be the most volatile and thus subject to large and rapid changes in the

exchange rate.

Based on the spread percentages $(($ask$-$bid$)/$ask$),$ which three $(3)$

currencies are the bank categorizing as the riskiest? Do you agree that these currencies

are the riskiest? If not, which three $(3)$ currencies do you think are the riskiest? Why?