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Hello,
Can you please share some information regarding the calculation of cross rates? I’ve found some on the internet but I’m not sure if it is exam-applicable.
Are they likely to be present in the examination?
Thanks!
Although they are not often relevant in the exam, they have been and they certainly could be again.
Read a previous post on this: https://opentuition.com/topic/cross-rates-2/
The last question in which they were relevant was Washi (in the September 2018 exam) and there is an explanation here: https://opentuition.com/topic/cross-spot-rate/
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