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Forums › Ask CIMA Tutor Forums › Ask CIMA P3 Tutor Forums › Currency forward contracts
If I take out a contract now for 3 months later, the settlement date would seem to be 3 months later and not now when the contract is taken out.
But as you said, does the same rule apply for forwards? (Settlement date now and redeemable date 3 months later.
If you take put a contract ypu have to buy it and settle it more or less now.
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