1 you have an import payment in chf you are maintaining usd, Ask an Expert

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1. You have an import payment in CHF. You are maintaining USD account with ABC Bank. Inter Bank spot rate for USD/CHF – 0.8655/60. What will be the rate quoted by the bank for your import transaction in CHF.

2. Your export payment in USD has come to the bank. You want to convert this USD into INR.

Spot rate USD/INR =66.56/57. At what price will the USD be converted to INR. Bank may load profit margin of 5 paise.

3. You have an export receivable in GBP after 3 months from today. You want to book 3 months forward for this export receivable in GBP against USD. Find out the Forward Rate 3 months GBP/USD for your export receivables..

Spot : GBP/USD 1.4190/95

3 Months forward discount/premium: 61/60

4. Spot rate of EUR/USD: 1.1304 and GBP/USD 1.3190 is quoted in New York. What would be the price of GBP/EUR in New York?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92167082

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