22 Jul CAN YOU CALCULATE QUICKLY A NZD/CHF CROSS-RATE BID-ASK QUOTE FOR JENNIFER?
in Show more Pick it up will ya? Huh? Me? you may well ask since you dont even work here. You are on an interview at Citi Corps foreign-exchange dealing room and your interviewer is still too busy to talk to you. But the little light on the bank of telephone buttons has been flashing impatiently. Yes you the busy interviewer replies. Its Jennifer from London Bank. She wants clarification on our bid quote for Swissies in terms of NZD. Here you are: these are your direct quotes. She scribbles something on a bit of paper and hands it to you. It reads: NZD NZD1.6860-1.700/$ Swiss francs CHF1.5350-1.5500/$ Give it a try! Can you calculate quickly a NZD/CHF cross-rate bid-ask quote for Jennifer? Show less
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