A dealer needs to buy USD against SGD. Of the following rates quoted to him, which is the best rate for him?
A) 1.4323-28
B) 1.4320-25
C) 1.4315-20
D) 1.4318-23

Name: A dealer needs to buy USD against SGD. Of the following rates quoted to him, which is the best rate for him? A) 1.4323-28 B) 1.4320-25 C) 1.4315-20 D) 1.4318-23
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

The dealer wants to buy USD, so he should look for the highest bid rate. The bid rate is the first number in the pair, and 1.4315 is the highest among the given options.

A Dealer Needs to Buy USD Against SGD