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The US interest rate is 0.75%. The Singapore interest rate is 1.20% The spot rate is $0.6951/SGD. Calculate the expected future spot rate of the

  1. The US interest rate is 0.75%.

The Singapore interest rate is 1.20%

The spot rate is $0.6951/SGD.

Calculate the expected future spot rate of the Singapore dollar.

  1. Your company has a Kazakhstani Tenge receivable due in 30 days. Would it go long (buy) or short (sell) a forward contract in Tenge?

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