Hi friends,
I've one problem wants to know how to solve it,
One year interest rates in US and India are say 5% and 10% respectively and the spot rate of USD in India is Rs. 43. Then one year USD/INR futures fair value is:
I wanted to know which formula can be applied to get the result,
your help will be appreciated,
Thanks in advance.
durai007
I've one problem wants to know how to solve it,
One year interest rates in US and India are say 5% and 10% respectively and the spot rate of USD in India is Rs. 43. Then one year USD/INR futures fair value is:
I wanted to know which formula can be applied to get the result,
your help will be appreciated,
Thanks in advance.
durai007