FIND THE SPREAD IF BID AND ASK RATE FOR RUPEE VS DOLLAR IS 81.983 /81.987 AND AN IMPORTER PURCHASED 48000 USD. SOLUTION: The bid-ask rate for Rs vs Dollar is 81.983/81.987. To calculate the spread, we subtract the bid rate from the ask rate: Spread = Ask Rate – Bid Rate Spread = 81.987 – …
Current Affairs | Macroeconomics | Commerce & Management Introduction : On 24th February, 2022, Russia and Ukraine went into a conflict, which has impacted the Indian Economy, bringing about results and effects on various regions and perspectives. In a United Nations (UN) meeting, India went without casting a ballot. India has kept an impartial position in the …
Impact of Russia and Ukraine war on Indian Economy – Macroeconomic Analysis Read More »
