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Q 1} We have the following quotes: Spot exchange rate: 1.2571 1.2584 CHF/USD 3-months forward: 14 to 20 Calculate the number of points spread

Q 1} We have the following quotes:

Spot exchange rate: 1.2571 – 1.2584 CHF/USD

3-months forward: 14 to 20

Calculate the number of points spread for the forward rate.


Q2} You are planning to travel from Jeddah, Saudi Arabia to Paris, France. You leave Jeddah with 14.2 thousands of SAR in your wallet. Wanting to exchange all of these for euros, you obtain the following quotes.

Spot rate on the riyal/euro cross rate 4.4651 SAR/EUR

Spot rate on the euro/dollar cross rate: 0.2248 EUR/USD

How many thousands of euros will you obtain for your riyals?

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