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concept based on forex

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(Querist)
19 December 2010 hii sir,i want to know about the concept of forex(cross rate)like conversion of $ into yen & rs into $
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CA Ankit Gulgulia (Jain)

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CA Ankit Gulgulia (Jain) (Expert)
19 December 2010 The Concept Works Very Simply , Note This

If u have Rs/$
and u have $/Euro

Then
Bid(Rs/Euro) = Bid (Rs/$) X Bid ($/Euro)
Ask(Rs/Euro) = Ask (Rs/$) X Ask ($/Euro)

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