Calculate the bid and ask cross exchange rate

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Question: You wish to calculate the cross rate between EUR and KRW. A major FX dealer provides the following quotes: KRW/USD: 1012.0-1013.0 USD/EUR: 1.2497-1.2500 Calculate the bid and ask cross exchange rate for KRW/EUR.

Reference no: EM133378754

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Calculate the bid and ask cross exchange rate : 1012.0-1013.0 USD/EUR: 1.2497-1.2500 Calculate the bid and ask cross exchange rate for KRW/EUR

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