Forex and Interest Rate Illustration 4


0

Forex and Interest Rate Illustration 4

Spot rate is /$ 39. Interest Rate in India is 8% per annum. Interest rate in US is 5% per annum. Calculate possible 6-months forward rate as per international Fischer Effect.

(Ans.: F = 39.5707 /$)


Like it? Share with your friends!

0
Score Tutorial
S’COrE Education is a professional coaching institute to coach for new generation courses. S’COrE has highly experienced faculty with enormous experience and achievement in teaching and industry. We teach each subject in such a manner that even complicated subject feels simple. This helps student to S’COrE-the-Max. Since 1998 S’COrE had university toppers accross courses and subjects. Once you are our student you will also believe S’COrE - the - Best !!

11 Comments

Facebook comments: