Forex Spot and Forward Illustration 16
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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 CHF – 37.0003 Hence CHF INR 37.0003
For GBP – 85. Hence GBP INR 85.00
For EUR – 62.4750. Hence GBP INR 62.4750
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