A commercial Bank/Chicago Bank expects the exchange rate of the New Zealand dollar (NZS) appreciate from its present level of $0.50 to $0.52 in 30 days. Chicago Bank is able to borrow $ 20 million on a short-term basis from there banks. Present short term interest rates (annualized) in the interbank market are as follows:
January 07, 2023
0
Tags
Share to other apps
A commercial Bank/Chicago Bank expects the exchange rate of the New Zealand dollar (NZS) appreciate from its present level of $0.50 to $0.52 in 30 days. Chicago Bank is able to borrow $ 20 million on a short-term basis from there banks. Present short term interest rates (annualized) in the interbank market are as follows:
Math
