Spot rate OMR0.43217 = 1 CHF Swiss Franc, It is expected that CHF may depreciate by 2% after one month. What will be the new exchange rate between CHF/OMR?

a.

2.360182

b.

All the options are wrong

c.

2.267626

d.

0.4408134

e.

2.313904

1. An importer in Oman wants to exchange OMR to KWD to make payment to the exporter in Kuwait after 3 months. He goes to a forex dealer in Oman who provides the following quotes for OMR/KWD.

Spot rate =1.35695-6972

3 months rate = 1.42692-3642

How much OMR will the importer need to get KWD55000 after 3 months?

a.

72980.6

b.

All the options are wrong

c.

73503.1

d.

123274.8

e.

122125.5

OMR being a home currency quoted directly against USD . Which of the following statement will indicate that OMR is at forward discount?

a.

Spot rate of Price currency is more than forward rate under indirect quote

b.

Spot rate of Price currency is less than Forward rate under Indirect quote

c.

Forward rate of price currency is less than spot rate under direct Quote

d.

spot rate of price currency is more than the forward rate under direct quote

Which of the following option can be an indicator for Appreciation of OMR to EUR?

a.

Future rate of OMR/EUR is greater than Spot rate of OMR/EUR

b.

Spot rate of OMR/EUR is equal to future rate of EUR/OMR

c.

None

d.

Future rate of EUR/OMR is less than spot rate of EUR/OMR

e.

Spot rate of EUR/OMR is equal to future rate of OMR/EUR