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Cherry14

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  • May 18, 2022 at 12:38 pm #655956
    0a1c76ccfa51b1bab38314a1e6cdf3a9ec96cbe0cd6ee63e8e6771017786228c 80Cherry14
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    Sir, there’s another question related to this.

    If I apply the lock-in rate to the contract amount as you said, I get the answer in euros. And there’s no spot rate given at the transaction date.

    My question is how do I convert this receipt into $. Can I use the forward rate for this?

    May 18, 2022 at 12:14 pm #655955
    0a1c76ccfa51b1bab38314a1e6cdf3a9ec96cbe0cd6ee63e8e6771017786228c 80Cherry14
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    Got it! Thank you sir.

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