(Answered) Question personal transfers as anyone who has traveled

Management Studies

Question: Personal Transfers. As anyone who has traveled internationally learns, the exchange rates available to private retail customers are not always as attractive as those accessed by companies. The OzForex Web site possesses a section on "customer rates" that illustrates the difference. Use the site to calculate what the percentage difference between Australian dollar/U.S. dollar spot exchange rates are for retail customers versus interbank rates.

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