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Home / Questions / Summer​ Abroad: Moscow to Mumbai After spending a week in​Moscow you get an

Summer​ Abroad: Moscow to Mumbai After spending a week in​Moscow you get an

Summer​ Abroad: Moscow to Mumbai. After spending a week in​Moscow, you get an email from your friend in India. He can get you a really good deal on a plane ticket and wants you to meet him in Mumbai next week to continue your global studies. You have 460,000 rubles left in your money pouch. In preparation for the​ trip, you want to exchange your Russian rubles for Indian rupee at the Moscow​ airport:

Spot rate​ (Rubles/$ or RBL​ = 1.00​ USD)

Rbl 63.7763.77​/$

Spot rate​ (Rupee per​ dollar, INR​ = 1.00​ USD)

INR 65.8565.85​/$

  

a. What is the Russian ruble to rupee cross​ rate?

b. How many Indian rupee will you obtain for your​ rubles?

Jan 31 2020 View more View Less

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