Sfm nov 2013

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 May 2014 there is question no 6(b) of Forex in SFM nov 2013. Quote is not given in question. In which form we should take quote e.g Pound/$ or $/ pound . Plz clarify
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
04 May 2014 it is given friend.... spt. 1.5350 is usd/pound. it is based on general info that usd is cheaper than Pound..
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 May 2014 given that market in london for US dollar. For US Dollar meansS $ should be in denominator.Therefore quote could be pound/$
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 May 2014 Generally , anyone doesnot know the rates then how one can identify the quote
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
05 May 2014 well generally people do know rates..you are a CA final student for god sake..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us


Answer Query



Quick Links



Browse by Category