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- UID
- 222301
- 帖子
- 442
- 主题
- 9
- 注册时间
- 2011-7-2
- 最后登录
- 2015-12-29
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'When you hedge the currency risk (risk of FC decreasing), you sell the FC currency forward and therefore "pay" the FC interest rate (or borrowing at the FC rate) while earning the DC interest rate.'
I don't quite understand why the FC forward seller "borrows" at FC rate. Can you please elaborate it? |
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发表于 2011-7-13 17:21
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