## Forex Spot and Forward Illustration 24

Forex Spot and Forward Illustration 24 Advertisement   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...

## Forex Spot and Forward Illustration 23

Forex Spot and Forward Illustration 23   Assume the spot rate of the British Pound is \$1.73. The expected spot rate one year from now is assumed to be \$1.66. What percentage depreciation per annum does it reflect? (Ans.: 4.05% Depreciation)

## Forex Spot and Forward Illustration 22

Forex Spot and Forward Illustration 22   The current Spot rate of British Pound against the US dollar is £ 1.5763 per US\$. The 90-day forward rate is £ 1.5436. Calculate annual forward discount or premium for US\$. (Ans.: 8.30% Discount)

## Forex Spot and Forward Illustration 21

Forex Spot and Forward Illustration 21   1 USD = CAD 1.0187/07 is Spot Rate. 1 month forward is 30/50 and 2 months forward is 54/68. Calculate swap points and outright forward rate for 50 days. (Ans.: Swap Points 46/62 and Outright Rate 1.0233/1.0269)

## Forex Spot and Forward Illustration 20

Forex Spot and Forward Illustration 20   From the following USD INR Dollar quotations, calculate the likely quotations for (a)    1 month 20 days forward and (b)   4 months 10 days forward Spot                 47.7570/980 1 month           110/210 3 months         250/400 6 months         700/890 (Ans.: 47.7727 – 47.8253 and 47.802...

## Forex Spot and Forward Illustration 19

Forex Spot and Forward Illustration 19   Following are the GBP JPY quotes by a banker at Tokyo: Spot: 191.24/34 60 days forward: 5/8 Calculate annualized forward premium/discount. (Ans.: All premium 0.1569% for Bid, 0.25% for Ask, 0.2039% for Mid)

## Forex Spot and Forward Illustration 18

Forex Spot and Forward Illustration 18   Following are the USD INR quotes by a banker at Mumbai: Spot: 47.6420/80 3 month forward: 60/100 Calculate annualized forward premium/discount. (Ans.: 0.0504% for Bid, 0.0839% for Ask, 0.0672% for mid)

## Forex Spot and Forward Illustration 17

Forex Spot and Forward Illustration 17   A bank quoted following rates for US \$: Spot 47.70/02 Forward Premia 1 month 3/0, 2 month 10/3, 3 month 18/9, 6 month 66/55. Calculate the forward rates. (Ans.: Spot 47.70 and 47.72, 1 month 47.67/47.72, 2 month 47.60/47.69, 3 month 47.52/47.63,...

## Forex Spot and Forward Illustration 16

Forex Spot and Forward Illustration 16   Using following data, calculate exchange rate for CAD, CHF, GBP and EUR in terms of Indian Rupee: USD USD USD GBP EUR INR CAD CHF USD USD 49.98 1.02 1.3508 1.70068 1.25 (Ans.:) For CAD – 49. Hence CAD INR 49.00 For...

## Forex Spot and Forward Illustration 15

Forex Spot and Forward Illustration 15   Complete the following Table: 1 USD is Equal to 1 GBP is Equal to 1 CAD is Equal to USD GBP CAD 1 ? 0.9770 1.6370 1 ? ? ? 1 (Ans.:) 1 USD is Equal to 1 GBP is Equal to...

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