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TABLE 9-1 Foreign Currency Exchange Rates Exchange Rates: New York Closing Snapshot Friday, July 15, 2016 U.S.-dollar foreign
30.3100 Venezuela bolivar o.1000996 O.10014972 9.9901 9.9851 Asia-Pacific Australian dollar o.7575 o.7632 1.3201 1.3103 China
0.03130 o.03125 31.95 32.00 Thailand baht o.02860 0.02855 34-970 35.030 Vietnam dong 0.00004482 o.00004488 22310 22282 Europe
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Refer to Table 9-1. a. What was the spot exchange rate of Oman rlal for U.S. dollars (USD/OMR) on July 15, 2016? (Round your
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Answer #1

From the table we see that the one month forward exchage rate of US dollars for Japan Yen on July 15, 2016 is 0.0095320

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