cross rate क्या है
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Cross rate- An exchange rate between two currencies computed by reference to a third currency, usually the US dollar is known as cross rate.
For e.g-When the bid price for EUR-GBP is 1.2440, and the bid price for USD-GBP is 1.8146, to get the cross rate we simply multiply with our cross rate calculator, the EUR-USD rate and the USD- GBP rate, that is, 1/1.2440*1.8146=1.4587
HOPE SO IT HELPED YOU...... :)
For e.g-When the bid price for EUR-GBP is 1.2440, and the bid price for USD-GBP is 1.8146, to get the cross rate we simply multiply with our cross rate calculator, the EUR-USD rate and the USD- GBP rate, that is, 1/1.2440*1.8146=1.4587
HOPE SO IT HELPED YOU...... :)
Answered by
1
An exchange rate between two currencies computed by reference to a third currencies, usually the US dollar is known as cross rate.
hope it helps you
hope it helps you
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