Current location - Loan Platform Complete Network - Foreign exchange account opening - Suppose the foreign exchange market on a certain day is as follows: Singapore market: spot USD 1 = SGD 1.5 1 13/25, three-month forward premium (discount) 21220.
Suppose the foreign exchange market on a certain day is as follows: Singapore market: spot USD 1 = SGD 1.5 1 13/25, three-month forward premium (discount) 21220.
Spot USD 1 = SGD 1.5 1 13/25, and the price rose by 2 10/220 in three months.

The forward exchange rate is USD 1 = SGD (1.513+0.0210)/(1.5125+0.0220) = SGD/kloc. 533366

Spot pound 1 = USD 1.4689/94, three-month forward price increase (paste)120/10.

The forward exchange rate is GBP 1 = USD (1.4689-0.0120)/(1.4694-0.010) = USD/kloc-0.

In 2.USD/SGD,, the forward exchange rate is higher than the spot exchange rate premium.

When GBP/USD, the forward exchange rate is less than the spot exchange rate.

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