Question: all 1 question As a foreign exchange trader at Sumitomo Bank, one of your customers would like a yen quote on Australian dollars. Current market

Current market rates are: Spot 30-day 101.37-85/U.S.$1 15-13 A$1.2924-44/U.S.$1 20-26 What bid

all 1 question

As a foreign exchange trader at Sumitomo Bank, one of your customers would like a yen quote on Australian dollars. Current market rates are: Spot 30-day 101.37-85/U.S.$1 15-13 A$1.2924-44/U.S.$1 20-26 What bid and ask yen cross rates would you quote on spot Australian dollars? AD 0.012/4-76 W77.91-99/A$1 AD 0.012769/4-88 O 78.31-81/A$1 What outright yen cross rates would you quote on 30-day forward Australian dollars? 178.58-87 78.31-81/A$1 78.04-58/AS1 101.71-88 What is the forward premium or discount on buying 30-day Australian dollars against yen delivery? 0 -3.50% 4.137% O 8.3%

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