The following quotes are available:
Spot EUR USD 0.8385/0.8391
3 months forward 20/30
Spot GBP USD 1.4548/1.4554
3 months forward 35/25
Find the 3 month GBP EUR outright forward rates. (Mumbai University, April 2003)
(Ans.: 3 months GBP EUR outright forward rates are 1.7234/1.7286)
0 Comments