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Business, 12.11.2019 22:31 nicolecoulthard

The current exchange rate is £1.00 = $2.00. compute the correct balances in bank a's correspondent account(s) with bank b if a currency trader employed at bank a buys £45,000 from a currency trader at bank b for $90,000 using its correspondent relationship with bank b.

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The current exchange rate is £1.00 = $2.00. compute the correct balances in bank a's correspondent a...
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