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As an FX trader, you have just called a trader at a bank to get quotes for the British pound for the spot, 3 0
As an FX trader, you have just called a trader at a bank to get quotes for the British pound for the spot, day, day, and day forward rates.
Your counterpart stated, We trade sterling at $
What are the outright day forward bid and ask rates?
a $ $
b $ $
c $ $
d $ $
e None of the options in this question
Assume that over a particular period the Japanese yen JPY appreciated against the Danish krone DKK by and that the Danish krone depreciated against the Indian rupee INR by If the spot rate at the start of the period was INR JPY then what is the current endofperiod spot rate?
a INR JPY
b INR JPY
c INR JPY
d INR JPY
e INR JPY
f None of the options in this question
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