• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

September 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Currency Futures – Open Tuition Chapter 23 E.g. 8

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Currency Futures – Open Tuition Chapter 23 E.g. 8

  • This topic has 3 replies, 2 voices, and was last updated 13 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 16, 2012 at 11:21 pm #54172
    maypen172
    Member
    • Topics: 7
    • Replies: 16
    • ☆

    Please explain the stages involved in above please. I am stuck/confused on the amounts for spot rate and futures in the answer. How are these calculated please? What does the 0.02 increase represent, 2%? I look forward to your reply.Thank you.

    August 17, 2012 at 6:05 pm #104411
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54743
    • ☆☆☆☆☆

    Have you watched the lectures on this chapter?
    The 0.02 is not a percentage – it is the change in the spot rate.

    August 25, 2012 at 11:25 am #104412
    maypen172
    Member
    • Topics: 7
    • Replies: 16
    • ☆

    Now watched and re-read the lectures and notes and fully understand. Thank you.

    August 27, 2012 at 12:11 pm #104413
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54743
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • ambivalence on Group SCF – Acquisition disposal of subsidiary – ACCA (SBR) lectures
  • AKrasteva on Investment Appraisal Under Uncertainty: Sensitivity Analysis (example 1) – ACCA Financial Management (FM)
  • AKrasteva on Investment Appraisal Under Uncertainty: Sensitivity Analysis (example 1) – ACCA Financial Management (FM)
  • John Moffat on PM Chapter 7 Questions Pricing
  • John Moffat on PM Chapter 9 Questions Short-term decision making

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in