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Cross rate of the yen with respect to the zloty

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Reference no: EM133074870

(i) Bank of Baroda quotes a bid rate of E0.58 for the us dollar and an Ask rate of €0.60. What is the bid/ask percentage rate?

(ii) Suppose that the Brazilian real is quoted at R 0,9955-1.0076/U.S.$ and the Thai baht is quoted at B 25.2513-3986. What is the direct quote for the real in Bangkok (Thailand)?

(b) Explain briefly how the following agencies have /facilitated international flow of funds;

(i) International Finance Corporation (IFC)

(ii) International Bank for Reconstruction and Development (IBRD)

(iii) International Monetary Fund (IFM)

(iv) Bank for International Settlement (BIS)

(c) Assume Poland's currency (the Zloty) is worth X0.17 and the Japanese yen is worth ¥0.005. What is the cross rate of the yen with respect to the Zloty?

Reference no: EM133074870

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