Forex Spot and Forward Illustration 24
1 GBP = USD 1.6220/1.6250 Spot
1 month forward 80/60
2 month forward 120/90
Calculate Swap Points and Outright forward rate for:
(a) 21 days (b) 1 month and 10 days.
(Ans.: For 21 days swap points 56/42 and Outright Rate 1.6164/1.6208. For 1 month and 10 days Swap Points 93/70 and Outright Rate 1.6127/1.6180)
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