The lecture Currency Exchange Rates II by Edu Pristine is from the course Archiv - Economics. It contains the following chapters:
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... points basis or in percentage terms into an outright forward quotation ...
... Forward Quotation is difference between the spot and forward exchange rate " Generally, spot or forward rates are quoted upto 4 th decimal point. Therefore, a quote of +5.67 points for 30 day forward means that the forward rate is 0.000567 more than spot exchange rate. So, if ...
... forward price of Rs/$ is greater than spot price of Rs/$ Then, Rs is quoted as forward discount Rs (domestic currency) is more expensive today than future " Forward premium Assume Rs/$ If forward price of Rs/$ is lesser than spot price of Rs/$ Then, Rs is quoted as ...
... spot exchange rate is 52.34 with 3-month forwa rd rate quoted as +2.14 points. So we can draw the conclusion that: A. Dollar is trading at a ...
... dollar will be higher in terms of rupees 3 months ...