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Foreign exchange

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Foreign exchange

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • April 30, 2015 at 9:33 am #243357
    mwende1
    Member
    • Topics: 2
    • Replies: 4
    • ☆

    I have a problem with understanding Bid/Ask quotes……example
    spot SFr/pounds 2.3140-2.3210 if I have 750 pounds and I need to convert them to SFr to pay my fixed costs which rate should I use. and if I want to convert my SFr to ponds which rate do I use?

    April 30, 2015 at 10:28 am #243366
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    See my answer to your post in the other P4 forum.

    April 30, 2015 at 10:46 am #243371
    mwende1
    Member
    • Topics: 2
    • Replies: 4
    • ☆

    Kindly, which forum???

    April 30, 2015 at 11:32 am #243374
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    You posted the same question in the ordinary P4 forum 🙂

    https://opentuition.com/topic/foreign-exchange-5/

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