Question 3 Not yet The following is the exchange rates between BHD and INR in the foreign exchange market. From the info
Posted: Tue Nov 16, 2021 7:41 am
Question 3 Not yet The following is the exchange rates between BHD and INR in the foreign exchange market. From the information, answer following question wered Narked out of 100 Ask Flag question Currency Spot 1 month forward Bid Ask Bid BHD /INR INR 70.80 INR 71.05 INR 70.30 INR 70.81 Assume the trader has BHD 75,000. How much INR does the trader obtain in exchange for the BHD in the spot market? INR 12,345, 450 b INR 5,310,000 c. INR 34,980,900 d. NR 10, 310,000