Foreign Exchange Spot rate Forward rate Buying rate Numerical with calculations bfm
JAIIB CAIIB - Foreign Exchange spot rate forward rate fully explained along with numerical problem on bill buying rate.
😀Scope Of Video:
What is Foreign exchange?
what is spot rate?
what is forward rate?
What is direct and indirect quote?
Exchange rate arithmetic.
Value date concepts
Cash/ready, TOM, SPOT, Forward rate, Premium and Discount
Forward points
Arbitrage
How to calculate forward points?
Method of quoting forward rates.
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