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You have a view that the Thai Baht (THB) will weaken relative to the Singapore Dollar (SGD). The spot exchange rate is THB 1.00 =
You have a view that the Thai Baht (THB) will weaken relative to the Singapore Dollar (SGD). The spot exchange rate is THB 1.00 = SGD 0.04 (i.e., SGD 1.00 = THB 25). You will speculate on the THB weakening using a forward contract denominated in SGD. Which position will profit from a weakening THB? Select one: O Long forward contract to buy SGD Short forward contract sell SGD
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