credit risk in a foreign exchange forward contract contract, exchange, foreign, forward, credit

Bluetick1010

credit risk in a foreign exchange forward contract：notes book4 p92中，value to the long的数值计算很容易，也很好理解，但是这个long side到底是long的分母货币还是分子货币？怎么搞清楚？谢谢老师

former

通过currency forward公式算出来的value是分母（直接标价法下面，分母就是外币）的，然后可以换算成分子货币（本币）。