Value Date: Cash/Ready

AFM Financial Mathematics - Forex Arithmetic Free JAIIB Capsule 25 views Updated
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AFM · Financial Mathematics - Forex Arithmetic
Forex transactions are settled on specific value dates depending on the contract. If a currency exchange takes place on the exact same date the deal is struck, what is this rate called?
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Forex transactions are settled on specific value dates depending on the contract. If a currency exchange takes place on the exact same date the deal is struck, what is this rate called?

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This capsule covers Accounting & Financial Management for Bankers, Financial Mathematics - Forex Arithmetic. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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