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You've obtained quotes for Malaysian ringgit: $0.2300/RM and $0.2330RM. Which one of the following is correct? The...

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Finance

You've obtained quotes for Malaysian ringgit: $0.2300/RM and$0.2330RM. Which one of the following is correct?

The indirect bid rate of ringgit is RM4.3478/$

The indirect bid rate of ringgit is RM4.2918/$

The indirect bid rate of ringgit is $0.2330/RM

The indirect bid rate of ringgit is $0.2300/RM

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