St Xaviers College, Mumbai

International Finance

One

Basics

(1) USD INR 52 is midrate. Spread is 30 paisa. Calculate Bid Ask Rates
(2) GBP USD 1.6920 / 80. Calculate midrate, spread and % spread.
(3) USD CHF 1.3450 / 90. Calculate CHF USD expected rate.
(4) EUR USD 1.2580 / 00.
(a) Calculate midrate, spread and % spread.
(b) Calculate USD EUR expected rate.
(c) Calculate midrate, spread and % spread for USD EUR
expected rate.
(5) USD INR 51.50. Calculate rate of Indian Rupee in terms of US
Dollar.
(6) USD INR 50.20 / 50. Calculate rate of Indian Rupee in terms of US
Dollar.

Cross Rates

(7) GBP USD 1.7050 / 70.

EUR USD 1.2170 / 90.
Calculate EUR GBP Rate.
(8) USD CHF 1.3480 / 20.
USD CAD 0.9100/ 20.
Calculate CAD CHF Rate.
(9) USD INR 50 / 51
INR JPY 1.50 / 1.51
Calculate USD JPY Rate
(10) USD CHF 1.3450 / 70
CHF AUD 1.0270 / 80.
Calculate AUD USD Rate.

Answers: (1) USD INR 51.85 / 52.15 (2) GBP USD 1.6950 Midrate; USD 0.0060 Spread; 0.35%
(3) CHF USD 0.7413 / 0.7435 (4) (a) EUR USD 1.2590; USD 0.0020 and 0.16% (b) USD EUR
0.7937 / 0.7949 (C) USD EUR 0.7943; EUR 0.0013 and 0.16% (5) 100 INR USD 1.9417 (6) 100
INR USD 1.9802 / 1.9920 (7) EUR GBP 0.7129 / 0.7150 (8) CAD CHF 1.4781 / 1.4857 (9) USD
JPY 75.00 / 77.01 (10) AUD USD 0.7222 / 0.7239

Dipak Abhyankar 9820321404