2-month swap rate 15/20

The spot exchange rate is USD /HKD 7.75 10/ 15.

2-month swap rate 10/ 15

Calculation: 2-month forward exchange rate of Swiss franc /HKD.

Solution: The two-month forward exchange rate of USD/CHF is 1.0870/80.

The two-month forward exchange rate of USD /HKD is 7.7520/30.

Swiss franc /HKD two-month forward exchange rate: 7. 1250/7. 1325.

2. The spot exchange rate EUR/USD = 1.3700/ 10,

Euro 90-day interest rate: 3.00% ~ 3.50%

90-day interest rate of USD: 8.00% ~ 8.50%

Please calculate the 3-month forward exchange rate of Euro/USD.

1.37+ 1.37*((0.08-0.03)/ 12)*3= 1.387 1

Similar price: 1.438+0.

Therefore, the three-month forward exchange rate of Euro/USD is 1.3 1/8 1.