current forward exchange rateForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › current forward exchange rateThis topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts February 28, 2017 at 2:55 pm #374750 sahalaccaParticipantTopics: 17Replies: 3☆how to calculate current six month forward exchange rate? February 28, 2017 at 5:06 pm #374776 John MoffatKeymasterTopics: 57Replies: 54458☆☆☆☆☆You use the formula on the formula sheet!It is the interest rate parity formula – the one at the bottom of the formula page that starts with Fo.Interest rates are always quoted in the exam (and in real life) on an annual basis, and so the six monthly rates are the yearly rates divided by 2.Are you watching the free lectures? They are a complete free course for Paper F9 and cover everything needed to be able to pass the exam well.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)The topic ‘current forward exchange rate’ is closed to new replies.