MMH

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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December 3, 2018 at 7:32 pm #487034
maxpopper
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Sir in money market hedging for foreign currency payment first we borrow appropriate amount in home currency today then we covert in immediately into foreign currency at spot rate and then Place this on deposit in foreign currency? correct?
December 4, 2018 at 7:15 am #487113
John Moffat
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Correct, if we are paying in the foreign currency. (If we are receiving the foreign currency then it works differently, as I show by example in my free lectures.)
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