Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/€ = 1.5
DKK/€ = 7.0
DKK/$ = 5.0
If you start with 100€, the most you could end up with in a single round of triangular arbitrage would be...
Convert €100 to $150 (1.5*100) to DKK 750 (150*5) and back to €107.14 (750/7).
Which pair won gold medal in SL3- SL4 category in Para- Badminton International- 2023?
________________ has ranked 124th in the 8th Edition Fortune India The Next 500 (2022 edition) of top midsize companies operating in India.
Recently Justice B S Patil has been appointed as Lokaayuka of which state?
Who has been awarded the ‘Malcolm Adiseshiah Prize 2022’?
Which Country announced to remove the British Monarchy from its Bank notes?
Who has become 1st women President of Indian Mountaineering Foundation?
Who has won the singles title of the Indian Wells Masters?
Which payment companies have received final approval from the Reserve Bank of India (RBI) to operate as payment aggregators, enabling the fintechs to on...
Recently A new media company “Hana Kuma” has been launched by?
APEDA organizes Virtual-Buyer Seller Meet to harness export opportunities in _____ for millets.
