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Forums › CIMA 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.
You have asked lots of,questions on interest rates and currency to the extent this is beginning to feel like a private, free tutorial service.
I am answering no more questions from you on theee topics.
If you have more queries try self-help using Google.
