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    Foreign Exchange Rate Quotations

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    alu_t
    FOREIGN exchange rate quotations refers to the amount of a currency to buy or sell a unit of another currency. There are two ways of quoting spot exchange rate: direct and indirect. Forward exchange rate is of two types: Fixed Forward Exchange Contract. Option Forward Exchange Contract.

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    Foreign Exchange Rate Quotations

    Uploaded by

    alu_t
    435 views6 pages
    FOREIGN exchange rate quotations refers to the amount of a currency to buy or sell a unit of another currency. There are two ways of quoting spot exchange rate: direct and indirect. Forward exchange rate is of two types: Fixed Forward Exchange Contract. Option Forward Exchange Contract.

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    FOREIGN exchange rate quotations refers to the amount of a currency to buy or sell a unit of another currency. There are two ways of quoting spot exchange rate: direct and indirect. Forward exchange rate is of two types: Fixed Forward Exchange Contract. Option Forward Exchange Contract.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    435 views6 pages

    Foreign Exchange Rate Quotations

    Uploaded by

    alu_t
    FOREIGN exchange rate quotations refers to the amount of a currency to buy or sell a unit of another currency. There are two ways of quoting spot exchange rate: direct and indirect. Forward exchange rate is of two types: Fixed Forward Exchange Contract. Option Forward Exchange Contract.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 6

    FOREIGN EXCHANGE RATE QUOTATIONS

    Foreign exchange rate quotations refers to the amount of a currency to buy or sell a unit of another currency. Foreign exchange rate quotations may be expressed as SPOT RATE QUOTATION FORWARD RATE QUOTATION

    Spot Rate Quotation


    There are two ways of quoting spot exchange rate DIRECT QUOTATION INDIRECT QUOTATION

    DIRECT QUOTATION
    In direct exchange quote the price of foreign currency is quoted in terms of home currency. For e.g.- US$=Rs. 45.50.

    INDIRECT QUOTATION
    In indirect quotation, the number of the foreign currency is given to deal in unit of home currency. For e.g.-Rs 100 = $2.1505.

    BID PRICE AND OFFER PRICE

    Percentage spread= Ask price- bid price /Ask price *100

    FORWARD RATE QUOTATION


    Forward exchange rate is of two types: Fixed Forward Exchange Contract. Option Forward Exchange Contract.

    QUOTING FORWARDS RATES


    There are two ways of quoting forwards rate: Point Basis. Percentage Basis.

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