Question

Calculate the direct exchange rate between INR and HKD from the following information Spot INR/GBP = 100.82 Spot HKD/GBP = 10.71 Forward Rate INR/GBP = 106.82 Forward Rate HKD/GBP = 11.71

A 8.61
B 9.12
C 9.41
D 9.97
E 0.11
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