Instructions

The Table gives the data for the Currency exchange rates and Stock market Indexes. Anyperson in any country can invest in any market or currency. For investing in a country one has to use homecurrency of that country. One can either invest or withdraw on 1st of each month only.

Note: The closing price of currency and Index of a month is same as opening price of the first day of thenext month

Question 64

If a person from India Invest Rs. 108,000 in US stock market in the month of January 2019then, on which one of the following dates the investment reaches minimum value in rupee terms?

Solution

Among the given options since the dollar got weak the most on 1st May 2019 and also the US market index fell below the value of the index on 1st January so therefore the minimum value reaches was in 1st May 2019.


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