
- UID
- 223395
- 帖子
- 345
- 主题
- 9
- 注册时间
- 2011-7-11
- 最后登录
- 2016-4-19
|
Local currency/forward currency is a poor attempt at explaining basic currency quotes. I ignore it completely. $1.5/euro means just that....it doesn't matter where in the globe you are located or what your local currenc is , or what your favorite ice cream is.
In this equation F = S*[(1+Rdom)/(1+Rfgn)], just replace Rdom by top currency, and Rfgn by bottom currency, in the given quote to match what you are multiplying. |
|