What is Holgate’s Principle?


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Holgate’s Principle :
This principles states that :
1. Premium on base currency is always added whereas discount on base currency is
always subtracted from the spot rate to arrive at the corresponding forward rate.
2. Premium on base currency implies discount on variable currency and discount on
base currency implies premium on variable currency.


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MT UVA BMS

MT UVA- University, Vocational and Affiliated Education for BMS

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