Question: Based on the table below, the two month outright forward for a long USDCNY position is Answer NOTE: In this question and all questions below,
Based on the table below, the two month outright forward for a long USDCNY position is Answer NOTE: In this question and all questions below, think of yourself as the customer who has been offered the prices in table by a market maker and is working out the price of various trades
spot | 2-month forward | |||
bid | ask | bid | ask | |
USDCNY | 6.8725 | 6.8800 | 338 | 348 |
GBPUSD | 1.2321 | 1.2324 | 15 | 16 |
USDINR | 68.0681 | 68.6481 | 53 | 55 |
AUDUSD | 0.7778 | 0.7780 | -35 | -36 |
EURUSD | 1.0678 | 1.0680 | 27 | 27 |
USDRUB | 59.8675 | 59.8875 | 8010 | 8160 |
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