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  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.
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  • May 13, 2019 at 4:25 pm #515792
    aidenlim
    Member
    • Topics: 3
    • Replies: 0
    • ☆

    Dear Sir,

    Mar/June 2016 Q1 – Lirio Co
    Sept 2018 – Q1 (C) – Washi Co

    Why both premium (0.0290 & 3.8) do not need to be multiplied by 0.01?

    May 14, 2019 at 8:16 am #515855
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54806
    • ☆☆☆☆☆

    Why do you want to multiply by 0.01? The premiums are quoted in Euros, so €0.0290 per $1.

    Have you watched my free lectures on foreign exchange risk management?

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