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What is the current exchange rate between yen and euros

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1. A British-made component costs 65 U.K. pounds. A company in the United States needs to buy these components and the current indirect quote indicates that one dollar will buy .6350 pounds. Ignoring transactions costs, how much will one component cost in U.S. dollars?

2. Ali is a company based in India, where the currency is the Indian Rupee (IR). They owe money to a supplier in Ruritania, where the currency is Ruritanian Dollars (R$). The amount owing is R$ 440,000. The current exchange rate is IR/R$ 8.8380 - 9.4530 How many Indian Rupees will Ali have to pay?

3. Suppose the current exchange rates are 1.62 dollars per euro, and 99.6 yen per dollar. What is the current exchange rate between yen and euros?

Reference no: EM133068227

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