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4 Cards in this Set

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  • Back

Price Quotation - GBP/USD

Price Currency/Base Currency

Real Exchange formula

Nominal rate (D/F) * (CPI Foreign/CPI Domestic)

Forward Points

In Points - EG - 18.3 = .0018.3

In Percent - EG - -.63% = .00063 or (1-.00063)

No-Arbitrage Forward Exchange Rate

Quote - (D/F)

Forward(d/F)/Spot(D/F) = (1+Int-D /1+Int-F)