Forex Spot and Forward Illustration 21


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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)

 

 

 


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