When cross rates are out of line,one path can lead you to riches and another to ruin.

Question

Quizplus · Accepted Answer

Cross rates are the exchange rates between two currencies that do not involve the US dollar. When cross rates are out of line, it can create arbitrage opportunities where an investor can buy a currency in one market and sell it in another market for a profit. However, if the investor makes a wrong calculation or decision, it can lead to losses and ruin. Therefore, cross rates can lead to both wealth and danger.

When Cross Rates Are Out of Line,one Path Can Lead