The spot rate for euro is $1.10. One month ahead forward rate is $1.12. A non deliverable forward contract to buy 10,000 euros is entered into. If the end of the month the spot rate ends at $1.15 per euro what will be the gain received?

Speculative attacks occur against currency that follow:

O A fixed exchange rate regime.

A floating exchange rate regime.

Immediately after the onset of the Asian financial crisis, Malaysia opted to:

O Float the ringgit freely.

Temporarily fix the exchange rate for the ringgit against the US dollar.