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...

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