Forex Spot and Forward Illustration 30


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Forex Spot and Forward Illustration 30

 

Using following data, calculate exchange rate for CAD, CHF, GBP and EUR in terms of Indian Rupee.

 

Bid

Ask

USD

INR

45

45.5

 

USD

CAD

1.1100

1.1250

USD

CHF

1.5017

1.5364

GBP

USD

1.7500

1.7600

EUR

USD

1.2500

1.2600

(Ans.: CAD INR 40/41; CHF INR 29.29/30.30; GBP INR 78.75/80.08 and EUR INR 56.25/57.33)


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