Business, 07.10.2019 23:10 trillsmith

You are a french trader with $10,000 to invest. the dollar-euro exchange rate is quoted as $1.20 = â‚¬1.00 and the dollar-pound exchange rate is quoted at $2.15 = â£1.00. if a bank quotes you an exchange rate of â£1.00 = â‚¬1.70, do you think you will be able to make a profit out of these quotes? how can you make money?

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You are a french trader with $10,000 to invest. the dollar-euro exchange rate is quoted as $1.20 = â...