The following four banks of Switzerland have offered exchange rates against OMR to Mr. Ammar: CHF/OMR Bid Ask Swiss National Bank 2.3033 2.3160 Bank Morgan Stanley 2.3731 2.4157 Rothschild Bank 2.2967...


The following four banks of Switzerland have offered exchange rates against OMR to Mr. Ammar:<br>CHF/OMR<br>Bid<br>Ask<br>Swiss National Bank<br>2.3033<br>2.3160<br>Bank Morgan Stanley<br>2.3731<br>2.4157<br>Rothschild Bank<br>2.2967<br>2.2973<br>Valiant Bank<br>2.3262<br>2.3601<br>On returning from Switzerland Mr. Ammar wants to exchange 1.000 CHF into OMR<br>Which bank's offer Mr. Ammar should?<br>Swiss National Bank<br>Rothschild Bank<br>Bank Morgan Stanley<br>Valiant Bank<br>Assume that USD is the home currency and exchange rates displayed in the market as INR 74.27-80/USD. D<br>

Extracted text: The following four banks of Switzerland have offered exchange rates against OMR to Mr. Ammar: CHF/OMR Bid Ask Swiss National Bank 2.3033 2.3160 Bank Morgan Stanley 2.3731 2.4157 Rothschild Bank 2.2967 2.2973 Valiant Bank 2.3262 2.3601 On returning from Switzerland Mr. Ammar wants to exchange 1.000 CHF into OMR Which bank's offer Mr. Ammar should? Swiss National Bank Rothschild Bank Bank Morgan Stanley Valiant Bank Assume that USD is the home currency and exchange rates displayed in the market as INR 74.27-80/USD. D

Jun 10, 2022
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