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Suppose Citibank quotes spot rate of Yuan5.44-55/$, and 270-day forward rates of Yuan5.71-5.72/$. What are the spot bid rate and the 270-day forward ask rate
Suppose Citibank quotes spot rate of Yuan5.44-55/$, and 270-day forward rates of Yuan5.71-5.72/$. What are the spot bid rate and the 270-day forward ask rate for dollar that Citibank is quoting, respectively? Yuan 5.44 and Yuan5.71 Yuan 5.44 and Yuan5.72 Yuan 5.55 and Yuan5.72 Yuan 5.44 and Yuan5. 55
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