A) Calculate the SGD you would exchange with if you have MYR50,000 three-month later

Please show the details calculation using the table.

B) Calculate the 3-month forward rate for MYR/RMB.

Spot rate x Interest differentials (rhc rfc) x No. of days forward / No. of days in a year.

Forward bid point =?

Forward ask point =?

3-month forward rate = spot rate + forward point

pls show all working thanks

Exchange rate is the price of one currency expressed in terms of another currency and it is determined by the supply and demand of each country's currency. Currencies can be traded in the spot or forward market. In most currency markets, many currency pairs are inactively traded and so their exchange rate can be determined through their relation relative to a widely traded third currency. a) The following information provided several different exchange rate circumstances for currency transaction. You are required to show your workings based on the given information of the currency exchange rates. (9 marks)