Forex Spot and Forward Illustration 24


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Forex Spot and Forward Illustration 24

 

1 GBP = USD 1.6220/1.6250 Spot

1 month forward 80/60

2 month forward 120/90

Calculate Swap Points and Outright forward rate for:

(a)    21 days (b) 1 month and 10 days.

(Ans.: For 21 days swap points 56/42 and Outright Rate 1.6164/1.6208. For 1 month and 10 days Swap Points 93/70 and Outright Rate 1.6127/1.6180)


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