A bank is quoting
CHF/DEM 0.7865/78 spot
1 month forward 25/20 – 3 months forward 20/15
CHF/SEK 0.6348/56 1 month 40/45 – 3 months 60/70
Suppose ‘Reliance’ is willing to buy DEM/SEK
75 days, what rate probably the bank will quote? (October 2007)
(Ans.: DEM/SEK 0.8144/0.8185)
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