pragya jain
New member
TY BCBI - SEMESTER V - INTL BANKING & FINANCE SEMESTER VI - INTERNATIONAL FINANCE
PRACTICE PROBLEMS
1 Identify the country in which the following are Direct Quotations.
Compute the corresponding Indirect rates.
GBP 1 = INR 82.25
INR 100 = USD 2.2835
SEK 5.3325 = USD 1
EUR 0.7225 = USD 1
GBP 0.3520 = DEM 1
INR40.92 = JPY 100
USD 1.2875 = EUR 1
SGD 1.4025 = USD 1
2 Identify the country in which the following are Indirect Quotes.
Calculate the corresponding Direct rates.
USD 1 = GBP 0.5525
USD 1 = JPY 101.20
EUR 1 = USD 1.2785
GBP 1 = EUR 1.5120
INR 1 = USD 0.022835
SGD 1 = INR 24.55
INR 1 = CHF 0.031898
EUR 1 = GBP 0.6540
3 Calculate the %age spread in respect of the following quotes.
a) USD/INR 44.9250-44.9300
b) GBP/USD 1.8235-1.8245
c) USD/SEK 5.9025-5.9175
d) EUR/USD 1.2613-1.2628
e) USD/JPY 116.97-117.12
4 Examine the given data and compute the quotation.
a) Mid rate USD/INR 44.1025 spread = 0.0050
b) Flat rate GBP/USD 1.8165 spread = 0.0010
c) Mean rate USD/EUR 0.7620 spread = 0.0020
d) Ave. rate GBP/EUR 1.3895 spread = 0.0020
e) Mean rate GBP/INR 81.5500 spread = 0.0140
5 From the given data calculate the required cross-rates.
a) USD/INR 44.0875 - 0925 EUR/USD 1.3015-20 Find EUR/INR
b) GBP/USD 1.8015 - 8025 USD/SGD 1.6155-65 Find SGD/GBP
c) EUR/USD 1.2855 - 2865 USD/CHF 1.4020-25 Find EUR/CHF
d) USD/INR 43.7350 - 7400 EUR/USD 1.2875-85 Find INR/EUR
e) USD/INR 43.8375 - 8425 USD/SEK 6.0025-75 Find SEK/INR
PRACTICE PROBLEMS
1 Identify the country in which the following are Direct Quotations.
Compute the corresponding Indirect rates.
GBP 1 = INR 82.25
INR 100 = USD 2.2835
SEK 5.3325 = USD 1
EUR 0.7225 = USD 1
GBP 0.3520 = DEM 1
INR40.92 = JPY 100
USD 1.2875 = EUR 1
SGD 1.4025 = USD 1
2 Identify the country in which the following are Indirect Quotes.
Calculate the corresponding Direct rates.
USD 1 = GBP 0.5525
USD 1 = JPY 101.20
EUR 1 = USD 1.2785
GBP 1 = EUR 1.5120
INR 1 = USD 0.022835
SGD 1 = INR 24.55
INR 1 = CHF 0.031898
EUR 1 = GBP 0.6540
3 Calculate the %age spread in respect of the following quotes.
a) USD/INR 44.9250-44.9300
b) GBP/USD 1.8235-1.8245
c) USD/SEK 5.9025-5.9175
d) EUR/USD 1.2613-1.2628
e) USD/JPY 116.97-117.12
4 Examine the given data and compute the quotation.
a) Mid rate USD/INR 44.1025 spread = 0.0050
b) Flat rate GBP/USD 1.8165 spread = 0.0010
c) Mean rate USD/EUR 0.7620 spread = 0.0020
d) Ave. rate GBP/EUR 1.3895 spread = 0.0020
e) Mean rate GBP/INR 81.5500 spread = 0.0140
5 From the given data calculate the required cross-rates.
a) USD/INR 44.0875 - 0925 EUR/USD 1.3015-20 Find EUR/INR
b) GBP/USD 1.8015 - 8025 USD/SGD 1.6155-65 Find SGD/GBP
c) EUR/USD 1.2855 - 2865 USD/CHF 1.4020-25 Find EUR/CHF
d) USD/INR 43.7350 - 7400 EUR/USD 1.2875-85 Find INR/EUR
e) USD/INR 43.8375 - 8425 USD/SEK 6.0025-75 Find SEK/INR