Forex Spot and Forward Illustration 20


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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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