Business Studies, asked by nishasingla206, 2 months ago

suppose yen/ USD is 78.56 and euro/USD is 0.7802 calculate euro/yen exchange rate

Answers

Answered by shobhabidlan01

Answer:

You just have to multiply the two bid prices with your cross rate calculator to get the cross rate. For example: In the case of the GBP/CHF. The bid prices are as follows: GBP/USD=1.5700, USD/CHF=0.9300. Thus the cross rate (GBP/CHF) will be 1.5700*0.9300=1.4601.

Answered by halderreajulhaque

Answer:

Suppose Yen/USD is 78.56 and Euro/USD is 0.7802,calculate Euro/Yen Exchange Rate

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