Cross rate: Dresdner Bank has offered the following exchange rate quotes on Indian rupees (Rs) : Rs.83.7612/£ and $1.8654/£. What is the cross rate between the Indian rupees and the U.S. dollar?
A) Rs. 44.9025/$
B) Rs. 49.9375/$
C) Rs. 51.2134/$
D) Rs. 36,7122/$
Correct Answer:
Verified
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