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My MNC Cougar Int. LTD want to sell Winter wears and cloths in Russia. Using the Foreign Exchange Market What bank (Hint: HSBC bank) do
My MNC "Cougar Int. LTD" want to sell Winter wears and cloths in Russia.
Using the Foreign Exchange Market
What bank (Hint: HSBC bank) do you plan to use to exchange the foreign currency received for dollars and what is the bid/ask spread on a recent quotation by that bank? (HKD to USD)
Will you possibly need the forward market? Explain.
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