Question: Please calculate the FX forward rate EUR / PLN for bank customer with an expiry date of 1 8 0 days if in the interbank

Please calculate the FX forward rate EUR/PLN for bank customer with an expiry date of 180 days if in the interbank money market there are following macroeconomic data provided (Base for PLN -365 days. Base for USD -360 days). Bid rate =4,5209 EUR / PLN - spot price, Offer rate =4,5233 EUR / PLN - spot price, Credit Interest rate for PLN per annum =2,89% deposit interest rate for PLN per annum =2,64% credit interest rate for EUR per annum =0,85% deposit interest rate for EUR per annum =0,65%Bank is taking 20 pips commission on the whole transaction for both long and short position.

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