DEAR sir. do we have to find out the pv of future exchange contracts once we have converted it in to our currency of requirement. for instance we usually have a contract of 3 month do we have to discount it for three months.
I believe, that if you know how to do the normal FOREX calculations for F9 that will be enough. That is, can you do a Money Market Hedge and a Forward Market Hedge … but more importantly can you describe the difference ???