translated rateForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › translated rateThis topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 1, 2016 at 9:46 am #313248 josy87MemberTopics: 173Replies: 215☆☆☆Hi sir The current spot rate for dollar/euro is $/€ 2.000+/-0.003. The dollar is quoted at 0.2c premium for the forward rate. What will a$2000 receipt be translated to at a forward rate? Please I don’t understand when it is 2000+/-0.003 May 1, 2016 at 1:24 pm #313258 John MoffatKeymasterTopics: 56Replies: 53718☆☆☆☆☆2.000 +/- 0.003 means that the two rates are 1.997 (2.000 – 0.003) and 2.003 (2.000 + 0.003)AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In