Current location - Loan Platform Complete Network - Foreign exchange account opening - Solve an international financial problem
Solve an international financial problem
1, new york foreign exchange market $ 1 = FF7.5678-7.5688.

2. Paris foreign exchange market-1 = FF 9.7635-9.7645.

3. London foreign exchange market-1= USD 65438 +0.42 16- 1.4226.

Paris and new york markets-1= 9.7635/7.5688-9.7645/7.5678 = USD 65438 +0.2900- 1.2903.

Paris and new york markets $1=11.2903.

London foreign exchange market $1=11.4226 It can be concluded that the selling price in London foreign exchange market is high, so we sell dollars in this London market.

Process: sell 100 USD and buy 100 USD in London market.

Sales in new york market; Buy FF.

Sell FF in Frankfurt market and buy dollars.

The profit is 1 ten thousand *1.2903-1.4226 =113.23, so you can get 132300 dollars.

University is also to study, so don't regret taking the exam!