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I have a question that : what is the exchange rate used in multilateral netting? spot rate or spot mid rate?
When i do Question 53 – Kenduri in Revision kit, i wonder why the spot mid rate would be used and how to calculate?
Can you help me on this question?If you wish for me to answer then you must ask in the Ask the Tutor Forum. This forum is for students to help each other 🙂
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