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Summer? Abroad: Moscow to Mumbai. After spending a week in? Moscow, you get an email from your friend in India. He can get you a really good deal on a plane ticket and wants you to meet him in Mumbai next week to continue your global studies. You have 450,000 rubles left in your money pouch. In preparation for the? trip, you want to exchange your Russian rubles for Indian rupee at the Moscow? airport:

Spot rate? (Rubles/$ or RBL? = 1.00? USD)

Rbl 64.85?/$

Spot rate? (Rupee per? dollar, INR? = 1.00? USD)

INR 67.67?/$

a. What is the Russian ruble to rupee cross? rate?

b. How many Indian rupee will you obtain for your? rubles?

Reference no: EM133129673

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