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    TFFE Math 5

    Uploaded by

    Shamima Akter
    The document provides information to calculate the buying and selling rates of Bangladeshi Taka per Japanese Yen based on interbank exchange rates. It gives the USD to JPY and USD to BDT rates. It then calculates the JPY to BDT rates as falling between 0.8030-0.8270 and uses the buying rate of 0.8030 to determine that 2 million Japanese Yen would cost 160,6000 Bangladeshi Taka.

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    TFFE Math 5

    Uploaded by

    Shamima Akter
    286 views1 page
    The document provides information to calculate the buying and selling rates of Bangladeshi Taka per Japanese Yen based on interbank exchange rates. It gives the USD to JPY and USD to BDT rates. It then calculates the JPY to BDT rates as falling between 0.8030-0.8270 and uses the buying rate of 0.8030 to determine that 2 million Japanese Yen would cost 160,6000 Bangladeshi Taka.

    Original Description:

    The Banking Professional Examination, AIBB TFFE, 96th AIBB Math

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    The document provides information to calculate the buying and selling rates of Bangladeshi Taka per Japanese Yen based on interbank exchange rates. It gives the USD to JPY and USD to BDT rates. It then calculates the JPY to BDT rates as falling between 0.8030-0.8270 and uses the buying rate of 0.8030 to determine that 2 million Japanese Yen would cost 160,6000 Bangladeshi Taka.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    286 views1 page

    TFFE Math 5

    Uploaded by

    Shamima Akter
    The document provides information to calculate the buying and selling rates of Bangladeshi Taka per Japanese Yen based on interbank exchange rates. It gives the USD to JPY and USD to BDT rates. It then calculates the JPY to BDT rates as falling between 0.8030-0.8270 and uses the buying rate of 0.8030 to determine that 2 million Japanese Yen would cost 160,6000 Bangladeshi Taka.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    S. M.

    Mahruf Billah

    Based on the following information, please calculate the buying and selling rate of Bangladesh
    Taka per Japanese Yen when interbank market exchange rate was,
    (96th AIBB May-June 2023)
    USD 1= JPY 130.3010 - 132.1280
    USD 1= BDT 103.1010 - 107.7590
    Also calculate the amount of BDT to be paid by your bank for buying 2.00 million Japanese Yen.
    Solution:
    Bid Ask
    $1= JPY 130.3010 JPY 132.1280
    $1= BDT 106.1010 BDT 107.7590

    JPY 106.1010 107.7590


    ∴ = −
    BDT 132.1280 130.3010

    JPY
    ∴ =0.8030−0.8270
    BDT

    BDT to be paid by bank as the rate 1 JPY = Taka 0.8030 for 20,00,000 JPY is
    20,00,000×0.8030 = BDT 160,6000

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