What would be 2-months forward quote on AUD/USD if the spot rate is USD/AUD 1.4134. Base currency

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What would be 2-months forward quote on AUD/USD if the spot rate is USD/AUD 1.4134. Base currency (USD) interest rate per annum is 3%, whereas terms currency interest rate is 2.5% per annum

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Advanced Accounting

ISBN: 978-0538480284

11th edition

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

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Posted Date: Apr 08, 2024 05:33 AM

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What would be 2-months forward quote on AUD/USD if the spot rate is USD/AUD 1.4134. Base currency

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Expert Answer:

To calculate the 2month forward quote on AUDUSD we can use the interest rate parit... View the full answer

Advanced Accounting

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