Current location - Loan Platform Complete Network - Foreign exchange account opening - A calculation problem assumes that the Hong Kong foreign exchange market has the following quotation on a certain day:
A calculation problem assumes that the Hong Kong foreign exchange market has the following quotation on a certain day:
Three-month forward exchange rate: 1 USD = HKD (7.8210+0.0050)/(7.8260+0.0100) = 7.8260/7.8360.

1 USD = CNY (6.7010-0.0100)/(6.7040-0.0050) = 6.6910/6.6990.

Hk1= CNY (6.6910/7.8360)/(6.6990/7.8260) = 0.8539/0.8560.

After three months, the exporter's HK$ 6,543,800+RMB 0,000 can be converted into RMB 853,900.

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