a. The six-month forward rate for the Japanese yen is per U.S. dollar. The yen is selling at a because it is in the forward market than in the spot market. (Round your answer to 2 decimal places, e.g., 32.16) b. The three-month forward rate for Australian dollars is$ per Australian dollar. The Australian dolla selling at a (Round your answer to 4 decimal places, e.g., 32.1616) because it is in the forward market than in the spot market. with c. Based on the information in the figure, the value of the U.S. dollar will respect to the yen and will with respect to the Australian dollar. Currencies U.S.-dollar foreign-exchange rates in late New York trading VS Thurs YTD chg Country/currency in US$ per US$ (96) Country/currency Americas Argentina peso Brazil real Canada dollar Chile peso Colombia peso 0005169 1934.50 0.2 Norway krone Ecuador US dollor Mexico peso Peru new so Uruguay peso Venezuela b. fuerte 157480 6.3500 unch 1-mos forward in US$ per US$ (%) 1250 8.0001 22.7 Czech Rep. koruna 05050 19.800 -0.4 4476 2.2339 -5.4 Denmark krone 9126 1.0958 3.2 Euro area euro 1858 5.3816 -0.8 1.3869 7210 -0.9 004524 221.06 2.2 1683 5.9433-2.1 3306 3.0246 0.1 02807 35.620 8.2 537 6.5068 11 11373 8793-1.5 1.1376 879 -1.6 1381 8786 -1.6 39 8779 -1.6 4749 2.1057 -2.0 6893 5920-2.0 6889 5921 -2.0 1.68815924 -2.0 6867.5929 -2.0 .001773 564.00 7.3 Hungary forimt 1 unch Poland zloty 0767 13.0434 unch Russia ruble 3561 2.808 0.2 Sweden krona 04379 22.8355 7.8 Switzerland franc 3-mos forward 6-mos forward Australian dollar 9274 1.0783 -3.9 Turkey lira 9255 1.0805-4.0 UK pound 9216 1.0851 -4.0 1-mos forward 9157 1.0920 -3.9 3-mos forward 1598 6.2590 3.4 6-mos forward 290 7.7528 unch 1-mos forward 3-mos forward 6-mos forward China yuan Hong Kong dollar India rupee Indonesia rupiah .0000865 Japan yen 01663 60.150 -2.8 Middle East/Africa 11555-5.0 Bahrain dinar 009773 102.32 -2.8 Eqypt pound 009775 102.31-2.9 Israel shekel 009778 102.27 -2.9 Jordan dina 009784 102.21 -2.9 Kuwait dinar 2.6527 3770 unch 427 7.0081 0.8 2896 3.4528 -0.5 1.4123 .7081 0.1 3.5606 2809 -0.6 Lebanon pound 0006596 1516.10 0.7 Saudi Arabia riyal2666 3.7507 unch 0953 10.4879 unch .2723 3.6731 unch 1-mos forward 3-mos forward 6-mos forward Malaysia ringgit New Zealand dollar 8633 1.1584-4.8 Pakistan rupee Philippines peso Singapore dollar South Korea won.0009682 1032.80-2.2 3062 3.2659 -0.5 01014 98.645 -6.4 South Africa rand 0224 44.610 0.5 UAE dirham 7982 1.2528 -0.8 Close Net Chg % ChoYTD% Ch WSJ Dollar Index 72.850.0-0.01-1.31 Taiwan dollar Thailand baht Vietnam dong 00004742 21090 -0.2 Sources: ICAP plc., wSJ Market Data Group 03305 30.256 1.1 03090 32.367
