ACI
3I0-012 · Question #646
A dealer needs to buy USD against SGD. Of the following rates quoted to him, which is the best rate for him?
The correct answer is C. 1.4315-20. See the full explanation below for the reasoning.
Question
A dealer needs to buy USD against SGD. Of the following rates quoted to him, which is the best rate for him?
Options
- A1.4323-26
- B1.4320-25
- C1.4315-20
- D1.4318-23
How the community answered
(40 responses)- A3% (1)
- B5% (2)
- C85% (34)
- D8% (3)
Community Discussion
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