As a foreign exchange trader at a Citibank, you are given the following quotations: 2-month forward 1-month Exchange Rate Spot Rate forward 1 Singapore Dollar (S$) 100 Japanese Yen (100\) 1 Australian...


As a foreign exchange trader at a Citibank, you are given the following quotations:<br>2-month<br>forward<br>1-month<br>Exchange Rate<br>Spot Rate<br>forward<br>1 Singapore Dollar (S$)<br>100 Japanese Yen (100\)<br>1 Australian Dollar (AUD)<br>RM3.0500/10<br>RM3.5000/30<br>RM3.1010/40<br>20/70<br>25/65<br>45/35<br>60/50<br>35/70<br>65/55<br>Country<br>Malaysia<br>Japan<br>Singapore<br>Rate<br>15%<br>3-Month interest rate<br>10%<br>20%<br>Calculate:<br>If you as a foreign exchange trader are expected to receive S$5,000 in 1 months'<br>time, how much is it pay in RM?<br>ii.<br>

Extracted text: As a foreign exchange trader at a Citibank, you are given the following quotations: 2-month forward 1-month Exchange Rate Spot Rate forward 1 Singapore Dollar (S$) 100 Japanese Yen (100\) 1 Australian Dollar (AUD) RM3.0500/10 RM3.5000/30 RM3.1010/40 20/70 25/65 45/35 60/50 35/70 65/55 Country Malaysia Japan Singapore Rate 15% 3-Month interest rate 10% 20% Calculate: If you as a foreign exchange trader are expected to receive S$5,000 in 1 months' time, how much is it pay in RM? ii.

Jun 11, 2022
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