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Foreign Exchange Risk

This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.

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May 16, 2015 at 10:01 pm #246456
sarcastic
Member
- Topics: 3
- Replies: 8
Hi there, I’ve this problem –
The current spot rate for the Dollar /Euro is $/€ 2.0000 +/- 0.003. The dollar is quoted at a 0.2c premium for the forward rate.
What will a $2,000 receipt be translated to at the forward rate?
Can you plz give me the answer with details working ???
Thank You 🙂
May 17, 2015 at 9:19 am #246509
John Moffat
Keymaster
- Topics: 57
- Replies: 54659
You have asked this in the other F9 forum as well, and I have answered you there 🙂
May 17, 2015 at 10:06 am #246524
sarcastic
Member
- Topics: 3
- Replies: 8
didn’t know exact procedure to ask….. 🙁 thanks though
May 17, 2015 at 11:26 am #246535
John Moffat
Keymaster
- Topics: 57
- Replies: 54659
No problem. This forum is for students to help each other. The Ask the Tutor Forum is when you want me to answer 🙂
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