lcw77

Domestic is currency of investor, foreign is currency on where the investment is.

So US investor = dollar domestic, yen foreign
Japanese investor = yen domestic, dollar foreign

just write the quote (direct or indirect) down as a fraction and apply the rates that correspond.

(100yen/1 dollar) * (1+japanrate/1+dollar rate)



Edited 1 time(s). Last edit at Friday, May 20, 2011 at 03:57PM by june2009.