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If you purchase New Zealand Dollar (NZD) 50,000 of supplies from New Zealand how much will this cost in US$ today? 34665.60 .In the above
If you purchase New Zealand Dollar (NZD) 50,000 of supplies from New Zealand how much will this cost in US$ today?
34665.60
.In the above problem what can you do if you do not have to pay for 30 days and you wanted to hedge your position?
What will it cost in US$ if this is the case?
Forward Rates for US $ per New Zealand Dollar (NZD) | |
30 day forward | US$0.8391 / NZD |
60 day forward | US$0.8302 / NZD |
90 day forward | US$0.8299 / NZD |
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