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 – 47.8598)
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