This topic contains 4 replies, has 4 voices, and was last updated by 
John Moffat 2 months ago.
- Posts
- November 5, 2018 at 1:39 pm
Sir can u Please tell me that how the cross exchange rates is finded in Sep 2018 paper washing Co???
November 6, 2018 at 6:30 am1 EUR buys 92.7 ARD, and 132.4 JPY will buy 1 EUR
Therefore 132.4 JPY will buy 92.7 ARD
Therefore 1 JPY will buy 92.7/132.4 = 0.70 ARD
It is the same logic for the other rate 馃檪
November 22, 2018 at 4:32 pmSir, i would like to ask why is 0.70 chosen as the rate and not the other rate 0.74?
November 23, 2018 at 4:04 pmhello sir
In washi co sep 2018 its a euro recipt why he choses the put option
can u explain that pleaseNovember 24, 2018 at 9:00 amWashi is receiving Euros, and so wants to sell Euros (and buy JPY).
The option contracts are quoted in Euro (the contract size is in Euros) and therefore they want to sell Euro contracts, and selling is a put option.
I do suggest that you watch my free lectures on foreign exchange risk management.
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